Of the 150 additional stores, the Montgomery and Opelika locations will also close.
FILE – Shoppers enter and exit a Bed Bath & Beyond in Schaumburg, Ill., Jan. 14, 2021.
NEW YORK — Bed Bath & Beyond says it will be shuttering 150 more stores as the beleaguered home goods chain to cut costs as it works to stave off a bankruptcy.According to a regulatory filing, it will have shuttered more than 400 stores, nearly half of its fleet. That includes the remaining 50 standalone Harmon Face Value Stores, which sells beauty and household products.
The company said it anticipates to keep 360 of its namesake stores in addition to 120 BuyBuy Baby stores. The Union, New Jersey, company said it had raised about $1 billion through offerings of preferred stock and warrants to purchase the company’s common stock. For the full list of stores closing across the country, including the ones in Montgomery and Opelika,
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