Beleaguered retailer announced more than 50 locations that will be shuttered, from Arizona to Washington state.
Investors were also rattled earlier this month when its chief financial officer, Gustavo Arnal, died afterfrom a luxury skyscraper in downtown Manhattan. The New York City medical examiner's office ruled his death a suicide.
In the meantime, Bed Bath & Beyond is focusing on shoring up its financials, with GlobalData analyst Neil Saunders describing them as"in a parlous state." "The past few years of poor strategy have caused severe financial pain, and the scars will be borne in around 150 store closures and a curtailment of refurbishment programs," he said in a recent research note about the closures."These actions are necessary, but they underline that before the group can advance it will need to take several steps back.
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Here are some of the Bed Bath & Beyond stores slated to close soonBed Bath & Beyond is closing dozens of stores -- check to see if a store near you is on the list.
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Bed Bath & Beyond Wynnewood store among 150 locations set to closeBed Bath & Beyond has released a list of stores that will be closing and it includes a Delaware Valley location.
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Bed Bath & Beyond locations closing in SoCal: See list hereBed Bath & Beyond is closing 56 stores in the coming weeks, and the list includes several Southern California locations.
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Several Tri-State Bed Bath & Beyond stores among 150 locations set to closeBed Bath & Beyond has released a list of stores that will be closing and it includes several locations in the Tri-State.
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Bed, Bath & Beyond to Close 6 Illinois Stores, Including 4 in Chicago AreaBed, Bath & Beyond announced Thursday that more than 50 stores nationwide will close before 2023.
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Bed Bath & Beyond is closing 150 stores. Here's a list of the locations so far.Beleaguered retailer announced more than 50 locations that will be shuttered, from Arizona to Washington state.
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