The struggling Bed Bath & Beyond Inc. retail chain has released a new list of 150 more location closures, including two in the Phoenix area, adding to previously announced store shutdowns. See the full list.
The struggling Bed Bath & Beyond Inc. retail chain has released a new list of 150 more location closures, including two in the Phoenix area, adding to previously announced store shutdowns.
As a traditional anchor tenant, Bed Bath & Beyond's locations"could pose a challenge in terms of filling empty stores for some landlords … because of the large size of some of its space,". The store closings also"could affect billions of dollars of commercial mortgage-backed securities, or CMBS, loans for shopping centers, according to one credit ratings firm."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
More Bed Bath & Beyond store closings planned in 'turnaround'Bed Bath & Beyond Inc. said Tuesday that it's mapping out a 'turnaround plan' to avoid bankruptcy after raising hundreds of millions of dollars.
Baca lebih lajut »
Bed Bath & Beyond announces 3 new store closures in Pa., including this Cumberland County locationThe chain has been announcing the closure of hundreds of its stores recently, and now a West Shore location has been added to the list.
Baca lebih lajut »
Bed Bath & Beyond to close 150 more storesThe additional closures mean the ailing home goods retailer will have shrunk its store footprint by about half in the past 12 months.
Baca lebih lajut »
Bed Bath & Beyond plans to sell shares in bid to avoid bankruptcyStruggling retailer Bed Bath & Beyond said Monday it plans to sell shares of the company in hopes of generating enough cash to avoid filing for bankruptcy.
Baca lebih lajut »