Bed Bath & Beyond is closing more stores in 2022. Here’s a list of locations

- Advertisement -


  • Bed Bath & Beyond continues to close poorly performing locations, with plans to close dozens earlier this year.
  • The company released a list of 37 locations spread across 19 states where liquidation sales have already begun and the stores are expected to close by the end of February.
  • In 2020, Bed Bath announced that it planned to close about 200 of its Main Banner stores over two years as part of its wider turnaround efforts.

- Advertisement -

Bed Bath & Beyond continues to close poorly performing locations, with plans to close dozens earlier this year.

- Advertisement -

The company released a list of 37 locations spread across 19 states where liquidation sales have already begun and the stores are expected to close by the end of February. This includes five bed bath shops in California, seven in New York and one in New Jersey.

In 2020, Bed Bath announced that it planned to close about 200 of its Main Banner stores over two years as part of its wider turnaround efforts. It's in the midst of remodeling spaces to reduce clutter and add brighter signage and new brands.

- Advertisement -

When Bed Bath reported its fiscal third-quarter results on Wednesday, the home goods retailer said it had closed about 170 locations so far and was still on track to reach 200 by the end of the year. .

Chief Executive Officer Mark Tritton told analysts the company would seek additional closures in the future. It also owns the BuyBuy Baby banner, which was a bright spot for business during the latest quarter as sales of home and bath goods slowed in Bed Bath.

"We are executing a full-scale transformation while simultaneously running a business in a highly unpredictable environment," Tritton said during an earnings conference call.

Shares of Bed Bath are down about 31% in the past 12 months.

USA TODAY FIRST REPORTED Locations expected to close this year.

,

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox