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35°
Tuesday, dec 24
Tag:
Digital Sales
Business
Covid-
19: Bed, Bath & Beyond Closes Palisades Center Store
The Bed Bath & Beyond at the Palisades Center Mall has shuttered its doors as its parent company restructures its businesses due to the novel coronavirus (COVID-19) pandemic. The West Nyack location is among approximately 200 locations that are set to close in the next two years, marking approximately 21 percent of its stores across the country. According to the company, it saw its net sales decrease by 49 percent in the first fiscal quarter due to the shutdown caused by the pandemic, though digital sales grew 82 percent in that time. “The impact of the COVID-19 situation was felt…