Bed Bath & Beyond is closing hundreds of stores. But they won't be empty for long | CNN Business

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Bed Bath & Beyond is stripping down its big blue signs, clearing out aisles of linens and closing 400 stores as it tries to stave off bankruptcy.

Already, chains including TJ Maxx, HomeGoods and Ross have scooped up the vacant stores. Burlington, Five Below, Nordstrom Rack and budget gym Planet Fitness may also fill up the spaces, say retail landlords and real estate analysts. Bed Bath & Beyond\n \n ’s real estate is a precious, scarce resource for retailers, gyms and anyone else who needs ample space.

In some cases, landlords are also eager to replace old Bed Bath & Beyond leases because the company was paying below-market rent in certain locations, Telsey Advisory Group analysts said. Which companies are growing? Bed Bath & Beyond has fallen to the “retail apocalypse” over the past decade, but many chains are still growing. Growth has been most pronounced in the discount segment of retail as shoppers on tight budgets search for low prices.

 

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~ or maybe just bow out with grace…

Lower your prices

I used to love this store!

Thank you Biden!

I know a lot of people that used to be loyal customers... company went woke, customers went Bye, Bye & Beyond!!!

. . Gas goes up (very soon) things start closing. Inflation goes BACK UP! Everything use gas and oil! BIDEN, END YOUR RESTRICTIONS ON GAS AND OIL IN AMERICA! , ,

Damn, all the 20% off coupons ive been hoarding are useless now.

Go woke go broke

😂 Should of kept selling my pillow merchandise - go woke go broke - CNN know this only too well 🤣👆

Nobody is beating the door down to take over 20,000 square feet, Retail is hurting nobody is going to open more stores and end up like BBB, most of them will be those Halloween spirt stores for 3 months of the year

If only they could’ve staffed their checkouts, people would’ve kept shopping there. But when there’s 1 register open, 1 person in front of you, but still takes 10 minutes to check out, you just go to target.

Go woke, you go broke!

I stopped shopping there when they stopped selling 'My Pillow' It was a clear signal they didn't want my, or any conservative Americans business. I won't miss them.

Go Woke Go Broke....

We all know that's totally and completely impossible because president Biden told us how great the economy's doing. You must be lying.

I thought they did this years ago, we still have a store sitting empty in a big FL shopping center closed long time ago?

All because they went woke

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