Bed Bath & Beyond Announces 87 Additional Store Closures

by Hayden Spiess

Union, N.J. — Bed Bath & Beyond has announced the locations of 87 flagship stores it plans to close across the country. These closures come in addition to the 150 stores announced for closure in August. The Union, New Jersey-based company will also shutter 48 Harmon drugstores as well as five Buybuy Baby stores. Bed Bath & Beyond missed interest payments on its bonds last week, according to reports by The Wall Street Journal. This came one week after a default notice for overdrawing on credit lines was sent to the company by bank lenders, with Bed Bath & Beyond warning of a potential bankruptcy filing.

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