Business & Tech

2 Bed Bath & Beyond Stores Closing In NoVA, DC

A popular home decor retailer is closing two stores in the Washington, D.C., metro.

Bed Bath & Beyond says it is refreshing 160 stores and will close two underperforming stores in Washington, D.C., and northern Virginia.
Bed Bath & Beyond says it is refreshing 160 stores and will close two underperforming stores in Washington, D.C., and northern Virginia. (Autumn Johnson/Patch)

WASHINGTON, D.C. — A popular retail home store with more than 900 locations in the United States and beyond is closing two stores in the Washington, D.C., region.

Bed Bath & Beyond is closing a store in DC and another in Stafford, Virginia. The closings will take place this year; company officials didn't release a specific closing date.

Jessica Joyce, a spokeswoman for the company, said the DC/VA locations will close as the chain is "continually evolving to serve our loyal Bed Bath & Beyond customers better."

Find out what's happening in Fredericksburgfor free with the latest updates from Patch.

"We are also closing a limited number of stores that no longer meet the standards our customers expect from us, including our Gallery Place location in Washington, D.C, our Stafford location in Stafford, VA," she said.

Joyce said the company is also giving its most popular stores a multi-million dollar facelift and continually investing in its digital platform "to give customers an even better shopping experience in store or at home," she said.

Find out what's happening in Fredericksburgfor free with the latest updates from Patch.

These are the Washington, D.C., and Virginia stores that are expected to remain open:

  • Washington DC: 3100 14th Street Northwest
  • Pentagon Row: 900 Army Navy Drive, Arlington
  • Fredericksburg: 3700 Plank Road, Fredericksburg
  • Potomac Mills: 14101 Crossing Place, Woodbridge
  • Alexandria

A September 2019 letter to shareholders from the interim CEO Mary A. Winston and the chairman of the board of directors, Patrick R. Gaston, said a rapid refresh of 160 Bed Bath & Beyond locations was underway.

"Our objectives are to accelerate improvement in our financial performance, enhance our competitive positioning and ensure we have a best-in-class governance structure," the letter said.

The company will also shed itself of up to $1 billion in inventory over the next year, the letter says.

"As we continue to work toward executing on our business transformation, we remain confident in the strength of our brand and the future of Bed Bath & Beyond," the executives said in the letter. "Our focus on putting the customer at the center of our transformation, supported by data and insights, is intended to restore Bed Bath & Beyond to its iconic status and improve the company's competitive position."

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