Bed Bath & Beyond closing 62 stores, holding liquidation sales

[Yo_Mama_Been_Loggin]

Bed Bath & Beyond confirmed Tuesday that it is closing more stores as it considers filing for bankruptcy protection.

Driving the news: The retailer, which also operates buybuy Baby stores and Harmon, released a list of 127 closing stores, which includes 62 new Bed Bath & Beyond closings and the 56 closing stores announced in September.

Six buybuy Baby and two Harmon stores were also included on the company's list and liquidation sales are underway.

Threat level: Bed Bath & Beyond has been distressed for years, having failed to reinvent itself in the digital age despite efforts to declutter its stores and remake its coupon strategy, Axios’ Nathan Bomey explains.

https://www.msn.com/en-us/money/companies/bed-bath-beyond-closing-62-stores-holding-liquidation-sales/ar-AA16aOJ4

[bucolic_frolic]

1. JC Penney was sunk by too much innovation, here we have too little

[CountAllVotes]

2. I'm surprised the one where I live isn't on the list

It is located in a mall. No one is ever in there shopping.

The only thing I ever bought in Bed Bath & Beyond is a liner for the shower, that's it. Everything else is overpriced it seems to me.

[Aristus]

3. Oh no! Now how am I going to take a beyond when I need one?

n/t

[jimfields33]

4. If you can't make it on international drive in Orlando, you have no hope.

That highway is full of tourists and people in general.

[Ocelot II]

5. I've bought a lot of good things at BB&B - sorry to see them go, but

the same items can be found elsewhere, and it seems like the stores are too stuffed and too cluttered.

[Beaverhausen]

6. This bums me out. I love Bed Bath and Beyond

the one I go to is not on the list but I was there recently and the shelves are very bare. I got good deals though...so that is something.

[XanaDUer2]

7. Loved this store nt