Bed Bath & Beyond Will Cut Close to 500 Jobs
The retail struggles of 2020 continue. Bed Bath and Beyond will soon start closing stores nationwide. The New Jersey based retail giant will now cut around 500 jobs.
According to the USA Today, the close to 500 jobs will mainly come from management positions. The main reason for the cuts come from declining sales.
Bed Bath and Beyond is still set to close 60 stores in 2020 but some closings may be delayed.
Bed Bath and Beyond has 37 New Jersey locations including Mays Landing, Mannahawkin and Rio Grande.