Bed Bath & Beyond is closing about 150 stores. Here’s a map of ones on the list so far
Bed Bath & Beyond has released a list of dozens of stores that it will close.
The struggling home goods retailer said it will close about 150 namesake stores as it works to stabilize its finances and turn around declining sales.
The company is also laying off employees and secured more than $500 million in new financing.
Bed Bath & Beyond has announced dozens of the roughly 150 stores it plans to close.
The struggling home goods retailer released its plans last month to shutter the "lower producing" locations, representing about 20% of its namesake stores.
The closures are part of a broader plan to try to stabilize the company's finances and turn around its declining sales. In late August,
Bed Bath secured more than $500 million in new financing, including a loan, ahead of the key holiday season. Its workforce is
getting smaller, too, as it cut its corporate and supply chain staff by about 20%.
Bed Bath & Beyond posted a list of 56 namesake locations it will close. They are scattered across the U.S., from California and Nevada to Ohio and Florida.