Bed Bath & Beyond will close nearly 40 stores in the coming weeks


LARKSPUR, CALIFORNIA – JULY 09: A Bed Bath & Beyond store is seen on July 09, 2020 in Larkspur, California. Bed Bath & Beyond has announced plans to close 200 of its retail stores over the next year after seeing sales drop nearly 50% due to the COVID-19 coronavirus pandemic. (Photo by Justin Sullivan / Getty Images)

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:

Alabama

  • Oxford, 1000 Oxford Exchange Blvd.

Arizona

  • Yuma, 1212 South Castle Dome Avenue
  • Casa Grande, 1004 North Promenade Parkwa

California

  • 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

Florida

  • Orange City, 963, boulevard Harley Strickland

Georgia

  • Atlanta, 130 Central West Perimeter
  • Marietta, 4475 Roswell Road, Suite 100

Idaho

  • Pocatello, 1732 Hurley Drive

Michigan

  • Jackson, 1132 Jackson Crossing

Minnesota

  • Eagan, 1295 Place Promenade
  • Duluth, 1303 Miller Trunk Road

Missouri

  • St. Joseph, 5201 North Belt Highway

Mississippi

  • Meridian, 131 S. Frontage Road

New Jersey

New York

  • 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

Ohio

  • Mansfield, 2259 Walker Lake Road

Pennsylvania

  • Pittsburgh, 7507 McKnight Road
  • York, 2845 Concord Road

Texas

  • San Angelo, 4169 Sunset Drive

Virginia

  • Vienna, 2051 Chain Bridge Road

Washington

  • Seattle, 2600 SW Barton Street
  • East Wenatchee, 511 Valley Mall Parkway
  • Longview, 200 Center Triangle
  • Union Gap, 1740 East Washington Street

Wisconsin

  • Sheboygan, 3347 Kohler Memorial Drive

West Virginia

  • 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.


Comments are closed.