Bed Bath & Beyond is in the process of liquidating dozens of stores , as part of its previously announced plans to close roughly 200 locations by 2022.
How many Bed Bath and Beyond stores are closing?
New York (CNN Business) Bed Bath & Beyond revealed the locations of 37 of the approximately 200 stores it plans close by the end of this year.
Bed Bath & Beyond is closing more stores in 2022. Here’s a map of locations Bed Bath & Beyond continues to shut underperforming locations, with dozens of closures planned for early this year.
How many stores does Bed Bath&Beyond have?
As of Aug. 29, Bed Bath had 1,476 stores, including Buybuy Baby. Bed Bath & Beyond shares are up a little more than 27% from a year ago. The retailer is set to report its fiscal third-quarter earnings before the market opens on Thursday.
Are bed bath and beyond going out of business?
Bed Bath & Beyond store closings The retailer will shut 37 locations in early 2022 Source: Bed Bath & Beyond In 2020, Bed Bath announced it planned to shut about 200 of its core banner stores over two years, as part of its broader turnaround efforts.
Bed Bath & Beyond Inc. and Buy Buy Baby Inc. signage is displayed outside of a store in Los Angeles, California. Bed Bath & Beyond is in the process of liquidating dozens of stores, as part of its previously announced plans to close roughly 200 locations by 2022.
While reading we ran into the question “What’s going on with Bed Bath&Beyond?”.
The plans, which were announced two years ago, are part of Bed Bath & Beyond’s multi-year transformation that includes creating new, private labels, remodeling stores and focusing on e-commerce under CEO Mark Tritton. Affected locations will be closed by the end of February and are currently having liquidation sales.