Bed Bath & Beyond Is Closing Stores: See the List of Locations Shutting Down - 16 septembrie 2022
The home-goods retailer said last month it would close 150 of its namesake stores, along with plans to cut staff and sell shares to raise cash.
It has now disclosed the locations of 56 of those stores, which are scattered throughout several states across the U.S.
Bed Bath & Beyond, which has been shrinking its store footprint for years, is suffering from a failed turnaround strategy that left it with too much inventory, evaporating profits and a shrinking cash pile.
(US.BBBY)