Bed Bath & Beyond revealed the locations of more than 50 of the 150 stores it plans to close, from Arizona to Washington state.
The downsizing is part of the struggling retailer’s latest effort to stabilize itself as it struggles through financial turmoil. Along with the store closings, the company said in August it would lay off about 20 percent of its corporate workforce and cut some home goods stores. It also secured a crucial $500 million in new funding as the holiday shopping season approaches.
It’s a tough time for the home goods chain. Earlier this month, Gustavo Arnal, a retail finance executive, fell to his death from a New York City building. Arnal was named as a defendant in a lawsuit accusing him, Ryan Cohen and other major shareholders of participating in a scheme to artificially inflate the company’s stock price.
Bed Bath & Beyond said in August that sales at stores open at least a year fell 26% in its most recent quarter.
For now, 56 retailers will be closed. Here’s where:
- Santa Cruz: 5225 South Street
- Phoenix: 34750 N. North Valley Parkway
- Burbank: 201 East Magnolia Blvd.
- Lakewood: 75 Lakewood Center Mall
- Larkspur: 2601 Larkspur Landing Circle
- Port: 117 General Stilwell Drive
- Palmdale: 39421 10th Street
- Redding: 1140 Hilltop Drive
- San Leandro: 15555 East 14th Street, Suite 240 Seekonk
- Santee: 9918 Mission Gorge Road
- Stamford: Ridgeway Shopping Center, 2275 Summer Street
- Waterford: 850 Hartford Turnpike
- Sanford: 111 Towne Center Blvd.
- Sawgrass: 12801 W. Sunrise Blvd., Anchor C
- Johns Creek: 2623 Peachtree Pkwy
- Snelville: Presidential Market Center, 1905 Scenic Hwy Suite 5000
- Bourbonnais: 2056 North State Route 50
- Carbondale: University Mall, 1265 E. Main Street
- Fairview Heights: Fairview Center, 6611 N. Illinois
- Gurnee: 6132 Grand Ave., Gurnee Mills Mall
- Joliet: 2850 Plainfield Road
- Schaumburg: 915 East Golf Road
- Dubuque: 2475 NW Arterial
- Waterloo: 1522 Flammang Drive
- City of Bossier: 2900 Meadow Creek Drive
- Dorchester: 8B Allstate Road, Suite 1
- Milford: 230 Fortune Boulevard
- Seekonk: 35 Highland Avenue
- Chesterfield Township: 50551 Waterside Drive
- Farmington Hills: 31075 Orchard Lake Road
- Northville: Northville Retail Center, 17223 Haggerty Rd.
- Walker: Green Ridge Square, 3410 Alpine Avenue NW
- White Lake: 9050 Highland Road
- San Hodeia: 3959 Second Street South
- Flanders: 30 International Drive, Suite 1
- Manalapan: 13 Route 9
- Address: 34 E Ridgewood Ave
- Farmingdale: 251 Airport Plaza Blvd.
- Middletown: 470 Route 211 East, Suite 3
- Mt. Vernon: 500 East Sandford Blvd.
- New Hartford: 4805 Commercial Drive
- Plattsburgh: 73 Center Drive, Suite 100
- Sparks: 195 Los Altos Pkwy
- Charlotte: The Arboretum, 3413 Pineville-Matthews Rd.
- Colerain: 3681 Stone Creek Blvd.
- Perrysburg: 10027 Fremont Pike
- Princeton Road: Bridgewater Falls, 3451 Princeton Road
- Sandusky: 4020 Milan Road, Unit #910
- Beaverton: 2780 SW Cedar Hills Blvd. Beaverton
- Wynnewood: 70 E. Wynnewood Blvd.
- Bayamon Plaza Del Sol, 725 West Main Avenue Bayamon PR 00961
- Port Arthur: Central Mall 3100 Highway 365 Suite 114
- Wichita Falls: 3201 Lawrence Road Suite A
- Christiansburg: 135 Shoppers Way NW
- Leesburg: 532 Fort Evans Road
- Lakewood: 5830 Lakewood Towne Center Blvd., SW
— CNN’s Brynn Gingras, Liam Reilly, Ramishah Maruf, Samantha Beech, Jordan Valinsky and Nathaniel Meyersohn contributed to this report