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Tag: Bed, Bath and Beyond
Four Bed, Bath, & Beyond Shops Closing Permanently In Connecticut
There are four Bed, Bath, and Beyond Connecticut stores that will close soon as part of the company’s plan to shutter more than 60 stores in 2020.
The housewares chain store said on Friday, Sept. 18, according to USA Today, that it planned to close 63 stores including the ones in:
Danbury, Sugar Hollow Road
Mildford, Boston Post Road
Farmington, Southeast Road
Torrington, East Main Street.
While many retailers and restaurants have closed due to the COVID-19 restrictions on the economy, Bed, Bath, and Beyond, over the winter, before COVID-19 became aa serious risk in the U.S., the store ann…
Bed Bath & Beyond Will Close At Least 40 Stores
Bed Bath and Beyond is planning to close at least 40 stores to help stem losses after it lost $253.8 million in the fourth quarter last year.
The home goods retailer, founded in 1971 and headquartered in Union Township, New Jersey, forecast dismal first-quarter profits, sinking shares in its stock on Friday, Feb. 12 as the company struggles to compete with online retailers such as Amazon.
The 40 stores scheduled for closure were not announced.
While the company, with 1,550 locations and more than 60,000 employees, also announced it plans on opening around 15 new locations,…