Bed Bath & Beyond Will Close and Relocate Underachieving Stores
Bed Bath and Beyond is the latest retail giant to announce store closing nationwide in 2019. The news wasn't all bad, as the company also announced the opening of 15 brand new stores.
According to the USA Today, Bed Bath and Beyond had mixed results concerning their financial performance in the fourth quarter of 2018. More than 40 stores will close in the near future.
NJ.com reports that in an open letter to shareholders last week, the company announced the possible closings and relocation of certain stores. No word if any of the closing or relocated stores are in New Jersey.
All Bed Bath and Beyond stores will also undergo a freshening makeover before the start of the busy 2019 holiday shopping season.
The New Jersey Based company has 35 Bed Bath and Beyond locations in the Garden State including Mays Landing, Mt. Laurel, Deptford, Cherry Hill and Sewell.