Bed Bath & Beyond is closing more than 50 stores across the United States. Locations in shopping centers from Connecticut to California will be impacted.
According to a list recently released by the company, 56 stores across the country will be closed as part of a broader restructuring plan as the home goods business struggles.It's all part of a broader plan to close 150"lower producing" stores and lay off 20% of the workforce as part of a company restructuringAt the time, the company also revealed that same-store sales were down 26% for the three-month period that ended on Aug. 27.
Maybe they should have considered their customers before they cancelled the My Pillow dude?