Bed, Bath & Beyond Expected to Close Even More Stores in 2020
Bed, Bath & Beyond fans have been worried for awhile now the looming store closures we all know are coming in early 2020. We still might not know the specific locations that will be closing, but my advice to you is; spend your hoard of Bed, Bath & Beyond coupons now before it's too late.
According to USA Today;
Bed Bath & Beyond Inc. is increasing the number of stores it expects to shutter in the fiscal year.
The New Jersey-based home goods retailer, which also operates buybuy Baby, Harmon Face Values and World Market, says it will close 60 stores in the fiscal year across the company, up 20 from the April estimate of 40 stores.
Forty of the sixty stores the company will be closing will be Bed, Bath & Beyond locations, and the closures will begin after this year's holiday shopping season.
The company says these closures will increase the profitability of their remaining portfolio, but my question is this; if we are really generous with our Christmas shopping at Bed, Bath & Beyond this year, will that be enough to keep the Davenport store open?
My fingers will be crossed until further notice...