Daily News
From Home Furnishing Business
giggle Acquires Right Start
February 5,
2016 by in Acquisition, Industry
Baby and youth furnishings retailer giggle has acquired fellow nursery and baby gear retailer Right Start.
The acquisition unites the two brands under the giggle, Inc. umbrella. giggle is the majority owner of the combined business, and Liberty Interactive, the former owner of Right Start, will maintain a minority stake.
giggle currently operates seven stores in California and New York, and Right Start has six stores in Colorado, California and Texas.
Corporte offices will transition to New York and will be under the leadership of Beth Guastella, CEO of giggle. The retailers will maintain separate brands and continue to operate and grow their individual platforms. Both brands have vibrant e-commerce sites.
"The merger of two great, complimentary brands allows us to fully leverage the strengths of each company. This combination is a natural evolution for our businesses as we seek to expand our reach across the country to better serve our existing and new clients," Guastella said. "Combining the power of each brand will create more opportunities for us that further the innovative, trend-forward, and effortless offerings that giggle and Right Start are known for."