** Shares of home decor retailer Kirkland's up ~10% at $2.19 premarket
** Co partners with Bed Bath & Beyond owner Beyond to become exclusive brick-and-mortar operator and licensee for smaller-format locations nationwide
** KIRK says Beyond to invest $25 mln through combined debt and equity deal to strengthen KIRK's capital position and fuel growth initiatives
** Expect investment from Beyond will not only enhance our financial performance but also provide opportunities to introduce Kirkland's to new customers in a cost-efficient manner - KIRK CEO Amy Sullivan
** Shares of Beyond up ~2% at $10.70 premarket
** Up to last close, KIRK down nearly 34% YTD, BYON down ~62% YTD
(Reporting by Anuja Bharat Mistry in Bengaluru)
((AnujaBharat.Mistry@thomsonreuters.com))
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