One Kings Lane
American home decor retailer
From Wikipedia, the free encyclopedia
One Kings Lane is an American luxury home decor business that operates a furniture and home accessories sales website. It was founded by Alison Pincus and Susan Feldman in March 2009.[1][2] The company was valued at $912 million in 2014.[3] The company has 10 million members and has raised over $200 million in venture capital from Mousse Partners, Kleiner Perkins, Greylock Partners, Institutional Venture Partners, and Tiger Global.[4][5]
In 2016, One Kings Lane was acquired by Bed Bath & Beyond for approximately $12 million.[4][6] Under its new parent, the company opened its first retail store, in Southampton, New York, in 2017. Two other retail locations followed: a flagship store in SoHo, Manhattan (2018), and another in Boston (2019).[7] The company was sold to CSC Generation in 2020.[8]
On April 23, 2023, Bed Bath & Beyond, One Kings Lane's former parent company, filed for Chapter 11 bankruptcy protection.[9] However, despite its sale from the company three years prior to the bankruptcy, One Kings Lane was one of the affiliates listed in the Chapter 11 filing.[10]
