Bed Bath and Beyond is closing 200 stores as quarterly sales tumble nearly 50% - Business Insider

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Bed Bath and Beyond is closing 200 stores as quarterly sales tumble nearly 50%

Bed Bath & Beyond is looking to shut down around 200 "redundant" stores over the next two years.revealed that the brand intends to shutter around 200 locations over the next two years. The deck notes that the closures will "mostly" affected Bed Bath & Beyond. The company also owns retail chains like Buybuy Baby and Cost Plus, Inc.

Currently, the majority of Bed Bath & Beyond store associates and certain corporate employees are furloughed due to the pandemic.

 

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No bounce

They were extremely overpriced. All those coupons they 'bombarded' folks with still didn't bring the price down enough. Again, ridiculous prices for years.

Ouch.

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