Bed Bath & Beyond Layoffs Could Affect Danbury Store

Bed Bath & Beyond will be eliminating 880 department and assistant store manager positions at nearly half of its stores across the U.S., the company said last week.

Bed Bath & Beyond will be eliminating 800 positions.
Photo Credit: *Wikipedia*

Daily Voice

08/06/2017 5:00 a.m.

The changes will save the company $16 million and accelerate store growth for the big-box chain, according to a statement.

The changes could affect the 18 Bed Bath & Beyond locations in Connecticut. The home-goods chain includes stores in these Fairfield County towns: Brookfield, Danbury, Fairfield, Norwalk, Shelton and Stamford.

“The actions taken today to accelerate the realignment of our store management will allow us to better support our customer-focused initiatives as well as support our omnichannel growth," the company’s CEO Steven Temares said in a statement.

The company said no other job cuts are planned with the realignment.

During a conference call with analysts in June, Temares left the door open to store closures. About 80 to 100 store leases will be coming up for renewal in the near future.

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