TV News LIES

Friday, Aug 14th

Last update12:56:55 AM GMT

You are here News Economy Bed Bath & Beyond announces plans to permanently close 200 stores over next two years

Bed Bath & Beyond announces plans to permanently close 200 stores over next two years

E-mail Print PDF
Bed Bath and Beyond to close 200 stores

Bed Bath & Beyond Inc. plans to close approximately 21% of its namesake stores, or 200 locations, over the next two years, the company announced Wednesday.

The New Jersey-based home goods retailer, which also operates buybuy Baby, Harmon Face Values and World Market, said the closing stores would "mostly" be Bed Bath & Beyond stores during an earnings call with analysts.

In January, company officials said they still planned to close 60 stores across all of its concepts, which was originally announced in October 2019. However, in January, the company said 20 of the 40 Bed Bath & Beyond stores scheduled to close would be delayed until the first half of 2020. (Here's the list of 40 closing stores that the company released in January.)

More...


Most Recent Related Stories...


Trump's COVID orders too little, too late to help U.S. economy, experts say

Too little too late to save economyTrump’s executive order and presidential memoranda, introduced on Saturday, would temporarily extend enhanced unemployment benefits at...

3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report Ever

Worst GDP in history The coronavirus pandemic triggered the sharpest economic contraction in modern American history, the Commerce Department reported...

Lord & Taylor, the country’s oldest department store chain, files for bankruptcy

Lord & Taylor files for bankruptcy Lord & Taylor, the country’s oldest department store chain, filed for bankruptcy on Sunday, joining about...

Chamber of Commerce, others sues Trump administration over restrictions on work visas

US Chamber of Commerce Top business groups representing multiple industries filed a lawsuit on Tuesday against the Trump administration...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!