Embattled home goods retail chain Bed Bath & Beyond has released the list of 87 stores they're closing due to ongoing financial travails.
The company is closing its entire chain of Harmon drugstores as well as five Buybuy Baby stores, itThe company said it is working with its advisors"to consider multiple paths" to allow it to run the business as efficiently as possible. that were underperforming across the U.S. in a bid to cut costs amid declining sales.
GlobalData analyst Neil Saunders last year noted in a research report that the chain's stores are"rather messy and lack basic merchandising discipline." Bed Bath & Beyond is expected to file for bankruptcy soon as it struggles to raise capital to reorganize its business.
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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
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Bed Bath & Beyond store closings include 8 in PennsylvaniaThe retailer had said it would close 87 stores as it struggles financially.
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2 More Chicago-Area Bed, Bath & Beyond Stores Set to CloseThe updated list of Bed, Bath & Beyond store closures includes 10 stores in Illinois.
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Bed Bath & Beyond could file for bankruptcy this weekBed Bath & Beyond reportedly could file bankruptcy as early as this week and is currently looking close more stores.
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Bed Bath & Beyond closing 7 more Southern California storesOn Tuesday, Jan. 31, the retailer said it would shutter stores from Palm Desert to Los Angeles.
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Bed Bath & Beyond likely to file for bankruptcy this week - Reuters By Investing.comBed Bath & Beyond likely to file for bankruptcy this week - Reuters
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