New York
CNN
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Bed Bath
Bed Bath and Beyond is closing another 87 stores as the struggling retailer heads into bankruptcy.
The store closures add to the 150 closures announced by Bed Bath and Beyond last August. The new listing includes 5 buybuy Baby locations and the remaining 49 Harmon Face Value stores, which once sold cosmetics.
“As we continue to work with our advisors to consider multiple pathways, we are implementing actions to run our business as efficiently as possible,” a Bed Bath and Beyond spokesperson told CNN. “This reduction in the store base extends the company’s ongoing closure program.”
Last week, the company warned in a regulatory filing that it had received a notice of default from its lender, JPMorgan Chase. The company said that “at this time, the company does not have sufficient resources to repay amounts under the credit facilities, which will lead the company to consider all strategic alternatives, including the restructuring of its debt under the US Bankruptcy Code”.
Bed Bath and Beyond (BBBY) defaulted “on or about” Jan. 13, according to the Securities and Exchange Commission filing. He may be forced to file for Chapter 11 bankruptcy reorganization due to his financial difficulties.
Founded in 1971, Bed Bath & Beyond has become a go-to for affordable home decor, kitchenware and college dorm furniture. The retailer has become known for its ubiquitous blue 20% off coupons and cavernous stores with merchandise stacked to the ceilings.
But the company has struggled to make the transition to online shopping and fend off big chains, such as Walmart and Target. Many shoppers have turned to these competitors as the novelty of Bed Bath and Beyond coupons has faded – consumers can find many cheaper alternatives on Amazon and other online sites.
Here are the locations that Bed Bath and Beyond plans to close in the coming weeks:
- 6850 US Highway 90 Anchor D in Daphne, Alabama
- 4122, boul. McCain in North Little Rock, Arkansas
- 1834 South Signal Butte Road in Mesa, Arizona
- 1905 Calle Barcelona Suite 100 in Carlsbad, CA
- 10822 Jefferson Blvd. in Culver City, California
- 2385 Iron Point Rd. in Folsom, California
- 1405 East Gladstone Street in Glendora, CA
- 14351 Hindry Avenue in Hawthorne, CA
- 72459 Highway 111 in Palm Desert, CA
- 10537 4S Commons Drive, Suite 170 in San Diego, CA
- 165 S. Las Posas Road
- 1865 North Campus Avenue, Building #15 in Upland, CA
- 3125 South Mooney Blvd. in Visalia, California
- 1605 Fall River Drive in Loveland, Colorado
- 16531 Washington Street in Thornton, Colorado
- 20 Hazard Avenue in Enfield, Connecticut
- 2260 Kings Highway in Fairfield, Connecticut
- 835 Queen Street in Southington, Connecticut
- 1065 Silas Deane Highway in Weathersfield, Connecticut
- 2239 East Semoran Blvd in Apopka, Florida
- 20560 State Road 7 in Boca Raton, Florida
- 371 North Congress Ave. in Boynton Beach, Florida
- 320 Brandon Town Center Dr. in Brandon, Florida
- 4631 North University Dr. in Coral Springs, Florida
- 14824 South Military Trail in Delray Beach, Florida
- 1460 West 49th St. in Hialeah, Florida
- 6001 24 Argyle Forest Blvd in Jacksonville, Florida
- 3221 City Station Drive, Suite 125 in Jacksonville, Florida
- 397 North Alafaya Trail in Orlando, Florida
- 540 North State Road 7 in Royal Palm Beach, Florida
- 1 Buckhead Loop in Atlanta, Georgia
- 3615 South Federal Way in Boise, Idaho
- 9650 South Ridgeland Avenue in Chicago Ridge, Illinois
- 5786 Northwest Freeway in Crystal Lake, Illinois
- 215 Harlem Avenue in Forest Park, Illinois
- 1584 Randall Road South. in Geneva, Illinois
- 3232 Lake Ave., Suite 125 in Wilmette, Illinois
- 2515 Corridor Way Suite 5 in Coralville, Iowa
- 15335 West 119th Street in Olathe, Kansas
- 4350 Summit Plaza Drive in Louisville, Kentucky
- 200 Harker Place Suite 200 in Annapolis, Maryland
- 12641 Ocean Gateway Suite 240 in Ocean City, Maryland
- 200 Clifton Boulevard in Westminster, Maryland
- 3 Abbott Park in Burlington, Massachusetts
- 820 Providence Highway in Dedham, MA
- 458 State Road, Rt 6, Suite 100 in North Dartmouth, Massachusetts
- 665 Merrill Road in Pittsfield, Massachusetts
- 600 South Street West, Suite 13 in Raynham, Massachusetts
- 7961 Southtown Center in Bloomington, Minnesota
- 10770 Sunset Hills Plaza in St. Louis, MO
- 155, boul. Boardwalk in Bridgewater, New Jersey
- 276 Route 202/31 in Flemington, New Jersey
- 1160 Route 23 North in Kinnelon, New Jersey
- 1121 Highway 34, Suite A in Matawan, New Jersey
- 190 Hamilton Commons in Mays Landing, New Jersey
- 8 Centerton Road in Mt. Laurel, New Jersey
- 5131 Sunrise Highway in Bohemia, New York
- 850 Third Avenue in Brooklyn, New York
- 459 Gateway Drive in Brooklyn, New York
- 72 15 25th Avenue in East Elmhurst, New York
- 251 East Main Street in Elmsford, New York
- 1490 Union Turnpike in New Hyde Park, New York
- 2020 South Road, Suite 3 in Poughkeepsie, New York
- 3064 Route 50 in Saratoga Springs, New York
- 1455 East Lasalle Drive in Bismarck, ND
- 3750 Easton Market in Columbus, Ohio
- 1700 Oxford Drive in Bethel Park, Pennsylvania
- 3739 William Penn Highway in Monroeville, Pennsylvania
- 1261 Knapp Road in North Wales, Pennsylvania
- 160 Quinn Drive in Pittsburgh, Pennsylvania
- 205 West Blackstock Road in Spartanburg, SC
- 5523 Route 153, Suite 112 in Hixson, Tennessee
- 870 South White Station Road in Memphis, Tennessee
- 420 East FM 3040 Suite 300 in Lewisville, TX
- 6400 West Plano Parkway, Suite 125 in Plano, TX
- 2112 SW HK Dodgen Loop in Temple, TX
- 1678 West Redstone Center Drive in Park City, Utah
- 1324 Greenbrier Parkway in Chesapeake, Virginia
- 24670 Dulles Landing Dr Unit 150 in Dulles, Virginia
- 12100 Fairfax Towne Center in Fairfax, Virginia
- 6642 Loisdale Road. in Springfield, Virginia
- 4900 Monticello Ave, Suite 4 in Williamsburg, Virginia
- 2540 South Pleasant Valley Road in Winchester, Virginia
- 7809B Vancouver Plaza Dr #102 in Vancouver, Washington
- 1630 West Poplar Street in Walla Walla, Washington
- 395 Target Way in Morgantown, West Virginia
- 3575 Rib Mountain Drive in Wausau, Wisconsin
