Bed Bath Beyond To Close 150 Stores In Last Ditch Bid To Avoid

Bed Bath Beyond To Close 150 Stores In Last Ditch Bid To Avoid Bed bath & beyond announced wednesday it would close 150 more stores in a last ditch effort to avoid bankruptcy the move comes a little over a week after the home goods chain announced the. Bed bath & beyond will live to see another day — at least for now. the beleaguered home goods retailer is expecting to receive more than $1 billion in equity from a hail mary stock offering it.

Bed Bath Beyond To Close 150 Stores Are Mn Locations Affected As part of the deal, the home goods retailer will have to close 150 stores across the country. the closures are in addition to previously announced plans to shutter 200 stores, several buybuy baby stores, and all 50 harmon locations. the combined closures represent nearly half of the 955 brick and mortar stores bed bath & beyond operated last year. Bed bath & beyond is closing 150 more stores — just a week after the struggling retailer announced the closure of 87 locations the company’s brick and mortar footprint has already shrunk. 0:03. 0:45. bed bath & beyond will close about 150 of its namesake stores and cut its workforce by 20%, the retailer announced wednesday. but it will keep its buybuy baby chain, which the company. On monday, bed bath said it planned to close an additional 150 stores, on top of 250 previously announced store closures. bed bath & beyond said in january it had defaulted on a loan from jpmorgan.