The downsizing is part of the struggling retailer’s latest effort to stabilize as it grapples with financial turmoil. In addition to closing stores, the company announced in August that it was laying off about 20% of its employees and downsizing some of its in-house homewares stores. It also secured important $500 million in new funding as the holiday shopping season approaches.
“All currently planned store closures have been announced and we will continue to review our portfolio where it makes sense to profitably support our customers and our business,” the company said in a statement.
It’s a difficult time for the home goods chain. Earlier this month, Gustavo Arnal, the retailer’s CFO, jumped to his death from a New York City skyscraper. Arnal has been named as a defendant in a class action lawsuit alleging that he, Ryan Cohen and other major shareholders participated in a “pump and dump” scheme designed to artificially inflate the price of the company’s stock.
Bed Bath & Beyond said in August that sales in stores open for at least a year fell 26% in the most recent quarter.
So far, 56 retailers will close. Here is where:
Arizona
- Santa Cruz: 5225 South Street
- Phoenix: 34750 N North Valley Parkway
California
- Burbank: 201 East Magnolia Blvd.
- Lakewood: 75 Lakewood Center Mall
- Larkspur: 2601 Larkspur Landkreis
- Marina: 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
Connecticut
- Stamford: Ridgeway Shopping Center, 2275 Summer Street
- Waterford: 850 Hartford Turnpike
Florida
- Sanford: 111 Towne Center Blvd.
- Sawgrass: 12801 W. Sunrise Blvd., Anchor C
Georgia
- John’s Creek: 2623 Peachtree Pkwy
- Snelville: Presidential Market Center, 1905 Scenic Hwy Suite 5000
Illinois
- Bourbonnais: 2056 North State Route 50
- Carbondale: University Mall, 1265 E. Main Street
- Fairview Heights: Fairview Center, 6611 N. Illinois
- Gurnee: 6132 Grand Avenue, Gurnee Mills Mall
- Joliet: 2850 Plainfield Road
- Schaumberg: 915 East Golf Road
Iowa
- Dubuque: 2475 NW Arterial
- Waterloo: 1522 Flammang Drive
Louisiana
- Bossier City: 2900 Meadow Creek Drive
Massachusetts
- Dorchester: 8B Allstate Road, Suite 1
- Milford: 230 Fortune Blvd
- Seekonk: 35 Highland Ave
Michigan
- Chesterfield Parish: 50551 Waterside Drive
- Farmington Hills: 31075 Orchard Lake Road
- Northville: Northville Retail Center, 17223 Haggerty Rd.
- Hikers: Green Ridge Square, 3410 Alpine Avenue NW
- White Lake: 9050 Highland Road
Minnesota
- St Cloud: 3959 Second Street South
New Jersey
- Flanders: 30 International Drive, Suite 1
- Manalapan: 13 Route 9
- Paramus: 34 E Ridgewood Ave
new York
- Farmingdale: 251 Airport Plaza Blvd.
- Middletown: 470 Route 211 East, Suite 3
- Mount Vernon: 500 East Sandford Blvd.
- New Hartford: 4805 Commercial Drive
- Plattsburgh: 73 Center Drive, Suite 100
Nevada
- Sparks: 195 Los Altos Pkwy
North Carolina
- Charlotte: The Arboretum, 3413 Pineville-Matthews Rd.
Ohio
- Colerain: 3681 Stone Creek Blvd.
- Perrysburg: 10027 Fremont Pike
- Princeton Road: Bridgewater Falls, 3451 Princeton Road
- Sandusky: 4020 Milan Road, Unit #910
Oregon
- Beaverton: 2780 SW Cedar Hills Blvd. beaver tone
Pennsylvania
- Wynnewood: 70 E. Wynnewood Blvd.
Puerto Rico
- Bayamon Plaza Del Sol, 725 West Main Avenue Bayamon PR 00961
Texas
- Port Arthur: Central Mall 3100 Highway 365 Suite 114
- Wichita Falls: 3201 Lawrence Road Suite A
Virginia
- Christiansburg: 135 Shoppers Way NW
- Leesburg: 532 Fort Evans Road
Washington
- 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