Bed Bath & Beyond announces major closures - see if your store is on the list

August 2024 · 6 minute read

RETAILER Bed Bath & Beyond has announced the closure of 236 stores across the US as it reduces it's total locations to just 360.

It has announced that it will close 149 stores across the country which is in addition to the closure of 87 other locations announced in January.

In 2017, the company reached its peak of 1,552 stores and has been steadily announcing closures since 2022.

Since last year, the retailer has announced the closure of over 400 US stores.

This includes 354 Bed Bath & Beyond stores, 51 Harmon health and beauty stores, and 11 BuyBuy Baby stores.

The full list of closures includes 10 in Texas, 10 in New York, nine in California, and seven in Michigan and New Jersey.

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It comes after the company narrowly avoided bankruptcy by raising approximately $225million in an equity offering.

They also pledged $800million in the future to pay its current debt loan.

The closures are part of cost-cutting measures to help the company reel in its finances.

With the 149 closures plus the 87 announced in January, Bed Bath & Beyond will almost halve its presence on streets across the country.

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In a statement it said: "The company shared in its strategic update in early February that it is moving expeditiously toward a smaller and more profitable store footprint and omni-always model.

"The difficult but necessary decision to reduce its workforce is one of many important actions the company is taking to enable Bed Bath & Beyond to improve its financial position and serve its customers well into the future.

"Related decisions were communicated to Associates at the time and store closing information on the company’s website remains up to date."

Here is the full list of planned closures:

Alabama:

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Wyoming:

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