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Bed Bath & Beyond To Close 150 Stores

  • CNBC, Thursday, September 15, 2022 9:15 PM
Bed Bath & Beyond has released the long-anticipated list of which of its stores will face closures. "The struggling home goods retailer said it will close about 150 namesake stores as it works to stabilize its finances and turn around declining sales," per CNBC. "The company is also laying off employees and secured more than $500 million in new financing." The list of "lower producing" locations represents about 20% of its namesake stores. 

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