Initial List of Bed, Bath and Beyond Stores Closing Released
Bed, Bath and Beyond officials announced last month that an estimated 150 of its home goods stores would be closing as it struggles to turn around lagging sales. Today, a…
Bed, Bath & Beyond and Buy Buy Baby Closing at the End of the Month
Bed, Bath and Beyond officials announced last month that an estimated 150 of its home goods stores would be closing as it struggles to turn around lagging sales.
Today, a list of the initial 50 stores set to close was announced. Only two are on the chopping block in Georgia. One in Suwanee and the other in Snellville. It's not known when the company will release the list of the remaining 100 slated to close. Officials also plan to cut the company's corporate and supply chain staff by an estimated 20%.
Closing stores is nothing new to the company. Bed, Bath and Beyond was operating 1,478 stores at the end of the first quarter in 2020. That number was down to 955 during the same
Bed, Bath and Beyond got more than $500 million in new financing in August, just in time to prepare for the upcoming holiday season.
There is a Bed, Bath and Beyond store on Robert C. Daniel Jr. Parkway in the Augusta Exchange Shopping Center.
