Bed Bath & Beyond: 40 stores

Bed Bath & Beyond: 40 storesGetty/Kevork Djansezian

Bed Bath & Beyond said in April that it plans to close at least 40 stores in 2019, and possibly more. The company also said it would open 15 new stores.

“We expect to open approximately 15 new stores in fiscal 2019. This will be offset by a minimum of approximately 40 stores we expect to close,” Robyn D’Elia, chief financial officer and treasurer, said on an earnings call. “This number will grow unless we are able to negotiate more favorable lease terms with our landlords.”

 


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