Bed Bath & Beyond announces 87 more store closures

Source: The Hill | January 30, 2023 | Jeremy Tanner

(NEXSTAR) – Bed Bath & Beyond told Nexstar Monday that it will be closing 87 additional stores, an announcement that comes days after the beleaguered home goods chain said it had defaulted on its loans.

The company also plans to close five buybuy BABY stores as well as all of its Harmon beauty locations.

Bed Bath & Beyond said the closures are being done to increase efficiency as the company works with advisors to “consider multiple paths” as the retailer tries to turn the business around.

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