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You are here News Economy Bed Bath & Beyond announces plans to permanently close 200 stores over next two years

Bed Bath & Beyond announces plans to permanently close 200 stores over next two years

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Bed Bath and Beyond to close 200 stores

Bed Bath & Beyond Inc. plans to close approximately 21% of its namesake stores, or 200 locations, over the next two years, the company announced Wednesday.

The New Jersey-based home goods retailer, which also operates buybuy Baby, Harmon Face Values and World Market, said the closing stores would "mostly" be Bed Bath & Beyond stores during an earnings call with analysts.

In January, company officials said they still planned to close 60 stores across all of its concepts, which was originally announced in October 2019. However, in January, the company said 20 of the 40 Bed Bath & Beyond stores scheduled to close would be delayed until the first half of 2020. (Here's the list of 40 closing stores that the company released in January.)

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