Bed Bath & Beyond will close nearly 40 stores in the coming weeks
More than three dozen Bed Bath & Beyond sites are preparing to close their doors for good in the coming weeks.
The New Jersey-based home goods retailer previously announced plans to close around 200 stores over two years, starting in 2020. According to a recent presentation of third quarter results from Bed Bath & Beyond, around 170 stores have already been closed.
Shares of Bed Bath & Beyond soared on Thursday, surging more than 10% at the opening bell. The retailer lost $ 276.4 million, or $ 2.78 per share, for the three months ending Nov. 27. at Zacks Investment Research.
For the current quarter ending in February, Bed Bath & Beyond said it now expects revenue in the order of $ 2.1 billion.
According to Bed Bath & Beyond, 37 locations are closing, many by the end of February. In a statement shared with Nexstar, the company said the stores were part of previously announced plans to close 200 stores over two years.
Here is a list of locations being closed in the coming weeks:
- Oxford, 1000 Oxford Exchange Blvd.
- Yuma, 1212 South Castle Dome Avenue
- Casa Grande, 1004 North Promenade Parkwa
- Tustin, 13692 Jamboree Road
- Rancho Santa Margarita, 22235 El Paseo
- Laguna Niguel, 32391 Golden Lantern
- Campbell, 515 Hamilton Avenue East
- Milpitas, 147 Great Mall Drive
- Orange City, 963, boulevard Harley Strickland
- Atlanta, 130 Central West Perimeter
- Marietta, 4475 Roswell Road, Suite 100
- Pocatello, 1732 Hurley Drive
- Jackson, 1132 Jackson Crossing
- Eagan, 1295 Place Promenade
- Duluth, 1303 Miller Trunk Road
- St. Joseph, 5201 North Belt Highway
- Meridian, 131 S. Frontage Road
- Plainview, 401 S. Oyster Bay Road
- Port Chester, 25 Waterfront Place
- Auburn, 217 Grant Avenue
- Spring Valley, 14 B Spring Valley Market
- Canandaigua, 328 boul. East.
- Glenmont, 388 Feura Bush Road
- Niagara Falls, 1520, military road
- Mansfield, 2259 Walker Lake Road
- Pittsburgh, 7507 McKnight Road
- York, 2845 Concord Road
- San Angelo, 4169 Sunset Drive
- Vienna, 2051 Chain Bridge Road
- Seattle, 2600 SW Barton Street
- East Wenatchee, 511 Valley Mall Parkway
- Longview, 200 Center Triangle
- Union Gap, 1740 East Washington Street
- Sheboygan, 3347 Kohler Memorial Drive
- Triadelphia, 555 Cabela Drive
While many of the chain’s sites are closing, around 450 – just over half of its 809 sites – are in the process of being renovated, the company reports.
The Associated Press contributed to this report.
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