Bed Bath & Beyond closing 3 stores in San Diego County amid financial turmoil

Bed Bath & Beyond is closing three San Diego County stores as the company struggles to stabilize its finances.

It’s time to dig up those 20 percent off coupons — and use them — because the retailer will close the following San Diego County locations:

  • 1905 Calle Barcelona Suite 100 in Carlsbad
  • 10537 4S Commons Drive, Suite 170 in San Diego
  • 165 S. Las Posas Road in San Marcos

the local stores are among 87 locations to be closed in the latest cost-saving efforts by Bed Bath & Beyond. The company previously announced 150 store closures and laid off 20 percent of its workforce in August.

The company did not give a date for the final day of operations. A spokesperson for Bed Bath & Beyond said in an email that “store closing sales will commence and continue over the next few weeks and months.”

“As we work with our advisors to consider multiple paths, we are implementing actions to manage our business as efficiently as possible,” the spokesperson said in an email. “We continue our analysis of our store footprint based on a variety of factors, and together with our advisors, have identified additional Bed Bath & Beyond store closures that we will implement in a timely manner.”

The retail chain and its top executives have been scrambling this past year to fix its financial situation. Last week, Bed Bath & Beyond reported to the Securities and Exchange Commission that it has defaulted on its loans and it will have to consider ways to restructure its debt in bankruptcy court.

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