Bed Bath and Beyond is closing another 87 stores, including 3 more in our area, as the struggling retailer barrels toward bankruptcy.
Included in the new list are 5 buybuy Baby locations and all 49 remaining Harmon Face Value stores, which sold cosmetics, plus several of the retailer's flagship-brand stores across the country.
A company spokesperson also confirmed Wednesday night that it missed a bond payment on February 1, and that it entered a month-long grace period. Debtors will often have a 30-day grace period to make payments before they enter default. But it struggled to make the transition to online shopping and to fend off larger chains like Walmart and Target. The retailer started making small trims in 2018 and, in the first year of the pandemic, started closing hundreds of stores, primarily its Bed, Bath and Beyond operations, and getting rid of some of its weaker brands, such as its Christmas Tree Shops.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Easton Market location cut in latest round of Bed Bath & Beyond store closuresThe closure is part of 150 store closures the company is set to complete
Read more »
Bed Bath & Beyond store closings include 8 in PennsylvaniaThe retailer had said it would close 87 stores as it struggles financially.
Read more »
Bed Bath & Beyond releases list of store closings; N.J. & N.Y. losing the mostEmbattled home goods retail chain Bed Bath & Beyond has released the list of 87 stores they're closing due to ongoing financial travails.
Read more »
Bed Bath & Beyond announces more store closuresBed Bath & Beyond is closing more stores than originally planned as the company attempts to avoid financial ruin.
Read more »
Bed Bath & Beyond announces more store closures, including Utah locationBed Bath & Beyond is closing more stores than originally planned as the company attempts to avoid financial ruin.
Read more »
Bed Bath & Beyond complete store closure list, including new one in AlabamaIn August, BedBathBeyond said it was closing some 150 stores. The latest list includes 87 locations, with 5 buybuyBABY stores and all 49 remaining Harmon Face Value stores. ➡️
Read more »