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The Associated Press and Jeremy Tanner contributed to this report. “We want our customers to know that we hear them and are charging ahead every day to meet their needs,” she said. Gove said in a prepared statement on Tuesday that the company is working on adjusting its merchandise and strategy, which has moved away from shoppers’ preferences. Auburn: 1101 Outlet Collection STE 1260įor the list of 56 store closures announced in September, click here.Ī spokesperson for Bed Bath & Beyond tells Nexstar that “store closing sales will commence and continue over the next few months.” All currently planned store closures have now been announced.Gainesville: 8135 Stonewall Shops Square.Fredericksburg: 1320 Carl D Silver Parkway Suite 100 (buybuy BABY).Harker Heights: 201 East Central Texas Expressway Suite 250.Florence 2853: David H McLeod Blvd, Suite C.Columbia 10136: Two Notch Road, Suite 109.Huber Heights: North Heights Plaza, 8284 Old Troy Pike Road.Ithaca: 131 Fairgrounds Memorial Parkway, Suite 100.Suite 1003 (buybuy BABY) and 399 Route 46 West (Harmon Face Value) Parsippany: 3189 Route 46 Morris Hills S/C (Harmon Face Value).By the same time this year, it had a total of 955 stores, including 769 Bed Bath & Beyond shops.
It had a total of 1,478 stores, at the end of the first quarter in 2020. Over the past two years, it has dropped by about 35% as the company shuttered other locations. It opened five Buybuy Baby stores in that three-month period ended May 28.Īlready, Bed Bath & Beyond's footprint has shrunk significantly. It is adding to its baby goods banner, however. It had 135 Buybuy Baby stores and 51 locations under the Harmon, Harmon Face Values or Face Values banners, as of the end of the fiscal first quarter. They are scattered across the U.S., from California and Nevada to Ohio and Florida. Its workforce is getting smaller, too, as it cut its corporate and supply chain staff by about 20%.īed Bath & Beyond posted a list of 56 namesake locations it will close. In late August, Bed Bath secured more than $500 million in new financing, including a loan, ahead of the key holiday season. The closures are part of a broader plan to try to stabilize the company's finances and turn around its declining sales. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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