It had a total of 1,478 stores, at the end of the first quarter in 2020. For over 50 years, Bed Bath & Beyond has been helping people make their homes cozier, brighter. Over the past two years, it has dropped by about 35% as the company shuttered other locations. 1 Fave for Bed Bath & Beyond from neighbors in Joplin, MO. It opened five Buybuy Baby stores in that three-month period ended May 28.Īlready, Bed Bath & Beyond's footprint has shrunk significantly.
It is adding to its baby goods banner, however. It had 135 Buybuy Baby stores and 51 locations under the Harmon, Harmon Face Values or Face Values banners, as of the end of the fiscal first quarter. They are scattered across the U.S., from California and Nevada to Ohio and Florida. Its workforce is getting smaller, too, as it cut its corporate and supply chain staff by about 20%.īed Bath & Beyond posted a list of 56 namesake locations it will close. In late August, Bed Bath secured more than $500 million in new financing, including a loan, ahead of the key holiday season. The closures are part of a broader plan to try to stabilize the company's finances and turn around its declining sales.
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