Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

left-of-center2012

(34,195 posts)
Wed Jul 8, 2020, 05:33 PM Jul 2020

Bed Bath and Beyond to close 200 locations nationwide

Bed Bath and Beyond said on Wednesday it plans on closing approximately 200 locations nationwide over the next two years.

The news comes after the company temporarily closed 90% of its locations nationwide during the coronavirus pandemic, which resulted in a 77% loss of in-store sales in the spring quarter of 2020.

Bed Bath and Beyond said the move to close 200 locations will right-size its real estate portfolio. The loss of 200 stores will result in a 15% reduction in the company's footprint.

https://www.10news.com/news/national/bed-bath-and-beyond-to-close-200-locations-nationwide

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Bed Bath and Beyond to close 200 locations nationwide (Original Post) left-of-center2012 Jul 2020 OP
So, Will They Still Continue To Donate To Trump? Me. Jul 2020 #1
Poorly run company. Don't pay either. underpants Jul 2020 #2
Latest Discussions»Issue Forums»Economy»Bed Bath and Beyond to cl...