Bed Bath & Beyond closing 37 more stores, including one on LI

Bed Bath & Beyond plans to close 37 more stores, including the Plainview location, the household goods retailer recently announced.

The closings are part of Bed Bath & Beyond’s 2020 initiative to close approximately 200 stores over two years, the Union, New Jersey-based company said.

The latest shutdown will close stores in 19 states, including seven locations in New York state, the retailer said.

Most of the 37 stores will close in late February, Bed Bath & Beyond announced.

Located at 401 S. Oyster Bay Road, the Plainview Store is the largest tenant in Woodbury Plaza, a mall that other tenants include Trader Joe’s, Banana Republic, Men’s Wearhouse, and Trek Bikes.

Bed Bath & Beyond Inc., which includes the BuyBuy baby chain, didn’t respond to a query from Newsday about how many employees would be affected by the Plainview store closure.

In July 2020, the company announced a plan to shut down approximately 200 stores, about 21% of the total number of Bed Bath & Beyond stores, over a two-year period as part of a “Store Network Optimization Project” to get the property portfolio right to size and focus on reducing costs.

It had closed 170 as of November 27, the end of the third fiscal quarter, the company said on January 6.

One of these stores was on Long Island – the Manhasset location closed in February.

In addition, Bed Bath & Beyond closed two more stores on Long Island in November 2018 – in South Huntington and Inwood.

There are now 10 Bed Bath & Beyond stores on Long Island, including locations in Riverhead, Westbury, Oceanside and New Hyde Park.

As of November 27, Bed Bath & Beyond Inc. had 995 stores, including 809 Bed Bath & Beyond stores in the US and Canada; 133 BuyBuy baby stores; and 53 saves under the name Harmon, Harmon Face Values ​​or Face Values.

.

Leave a Comment