Bad Sign For One Of The Few Remaining Westchester Bed Bath & Beyonds

HUDSON VALLEY, NY — The writing is on the wall and the sign is above the door — the Bed Bath & Beyond in Mount Vernon is having a liquidation sale.

If you recently received an email from Bed Bath & Beyond about everything being on sale at the Mount Vernon location, there is a reason why. Workers arriving for their shifts this morning and a call to the store confirmed that the Mount Vernon location is having a "going out of business" sale.

SEE THE LATEST: Another Hudson Valley Bed Bath & Beyond Bites The Dust

Prior to its closing earlier this year, the Port Chester Bed Bath & Beyond had a similar "Entire Store On Sale" event in which all items, with few exceptions, were discounted.

Company officials have not responded to a request from Patch for a timeline for the store closing.

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Bed Bath & Beyond announced at the end of August it will be closing 150 stores and cutting 20 percent of its workforce. What was not immediately clear, however, was if the home goods retailer planned to shutter any of its Hudson Valley stores.

Bed Bath & Beyond has seven stores in the Hudson Valley: Mount Vernon, Yonkers, Elmsford, Middletown, Kingston, Newburgh and Poughkeepsie.

The constriction is part of the chain’s turnaround push. The closures include “lower producing” banner namesake stores, and layoffs will be across corporate and supply chain staff, the company said in a news release last month, ahead of a call with investors.

Sluggish sales have carried into the third quarter, the company said, with in-store sales dropping by 26 percent for the three-month period ending Aug. 27, compared with the same period in 2021. It was the steepest drop in sales the chain had seen in years.

The company said it had received $500 million in new financing to shore up its business model before the important fourth quarter holiday shopping season. Plans include returning national brands to store shelves, a strategy interim CEO Sue Gove said is intended to make the company once again “a preferred shopping destination.”

“We are embracing a straight-forward, back-to-basics philosophy that focuses on better serving our customers, driving growth, and delivering business returns,” Gove said in the release, adding, “The customer underpins our decisions, and we are committed to delivering what they want while driving growth, profitability, and financial returns.”