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Bed Bath & Beyond said this week that it's on track to close 150 stores as part of an effort to corral costs and save cash, updating a list of locations that now totals 122 stores. That list shows ...
The closures are expected to reduce the company’s expenses by approximately $250 million, the company announced.
The Studio Stores were a victim of the AOL-Time Warner merger, and shuttered operations in 2001. [71] Yellow Front Stores – Founded in the 1950s as an army surplus store, Yellow Front transitioned to become a camping gear retailer before going bankrupt in 1990.
In April of 2023, Bed Bath & Beyond filed for Chapter 11 bankruptcy and shuttered all of its retail locations by June. It then moved online in partnership with Overstock.com . Kirkland's
In late January 2023, Bed Bath & Beyond announced the closure of an additional 87 stores, the liquidation of its Harmon Face Values chain, and the closure of 5 Buy Buy Baby stores. [42] On February 8, 2023, Bed Bath & Beyond announced that it would close another 150 stores, selling its stock and raising $1B in an effort to stave off a ...
F. C. Nash & Co. – Nash's (Pasadena), at one time had 5 stores in downtown locations in neighboring small cities during the 1950s and 1960s, founded in 1889 as a grocery store, became a department store in 1921, branch stores were unable to compete with larger chains opening in malls built in the late 1960s and early 1970s and had to be ...