Business & Tech
Bed Bath & Beyond Closing 40 Stores In U.S.
The company has 17 stores in Connecticut. The home goods retailer has not yet announced where it plans to close the stores.
CONNECTICUT — Struggling housewares retailer Bed Bath & Beyond will close about 40 stores this year while opening 15 "lab" stores offering more home decor and food products, the company announced this week. The number of stores to be shuttered could increase if more favorable lease agreements can't be reached with some of its landlords, company officials said in a conference call.
During the call, company reps disclosed disappointing first-quarter sales. Based in New Jersey, the company also operates Buy Buy Baby and World Market.
Bed Bath & Beyond has not revealed which locations will be shuttered. The company has more than a thousand stores in the United States, Puerto Rico, Canada and Mexico, including 17 in Connecticut:
Find out what's happening in Norwalkfor free with the latest updates from Patch.
- Brookfield
- Danbury
- Enfield
- Fairfield
- Farmington
- Guilford
- Hamden
- Manchester
- Milford
- Norwalk
- Shelton
- Simsbury
- Southington
- Stamford
- Torrington
- Waterford
- Wethersfield
Eric Heyl, Patch Staff, contributed to this article
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
