Business & Tech
5 More MI Bed Bath & Beyond Stores Closing
Three of the stores closing are in the metro Detroit area.
MICHIGAN — Five more Michigan Bed Bath & Beyond stores are closing, most in Metro Detroit, as the retail chain continues struggling to attract shoppers.
The company said Tuesday it plans to cut an additional $80 million to $100 million with an unspecified number of layoffs. It also said it’s considering selling assets or restructuring its business in bankruptcy court, but warned it may have to file for bankruptcy protection.
The news comes after the struggling retail chain closed five Michigan stores in September, including four in metro Detroit.
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The new list of store closings include:
- Ann Arbor: 3645 Washtenaw Avenue
- Auburn Hills: 1101 Outlet Collection STE 1260
- Brighton: 8467 W. Grand River
- Lansing: 5845 W. Saginaw Highway
- Muskegon: 5540 Harvey Street
The stores are expected to close within the next few months, with liquidation sales possibly starting soon.
Find out what's happening in Across Michiganfor free with the latest updates from Patch.
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