The home goods retailer, which also operates buybuy Baby, Harmon Face Values and World Market, said the closing stores would 'mostly' be Bed Bath & Beyond stores.
As of May 30, the company had 1,478 stores, including 955 Bed Bath & Beyond stores nationwide and in Canada, 262 stores under the names of World Market, Cost Plus World Market or Cost Plus, 127 buybuy BABY stores, 81 stores under the names Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, and 53 stores under the names Harmon, Harmon Face Values or Face Values.
During the quarter, which ended May 30, the company said it closed 21 Bed Bath stores and also closed 14 stores in late 2019. "We believe Bed Bath & Beyond will emerge from this crisis even stronger, given the strength of our brand, our people and our balance sheet," Tritton said in the release.
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