KEY POINTS
  • Bed Bath & Beyond is in the process of liquidating dozens of stores, as part of its previously announced plans to close roughly 200 locations by 2022.
  • In July, the company laid out a store closure road map, in a bid to trim its sprawling real estate portfolio and focus on remodeling its more profitable shops and investing in digital.

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Bed Bath & Beyond and Buy Buy Baby signage is displayed outside of store in Los Angeles.
Patrick T. Fallon | Bloomberg | Getty Images

Bed Bath & Beyond is in the process of liquidating dozens of stores, as part of its previously announced plans to close roughly 200 locations by 2022.

In July, it laid out a store closure road map, in a bid to trim its sprawling real estate portfolio and focus on remodeling its more profitable shops and investing in digital. At the time, the retailer said these actions were expected to generate annual cost savings of between $250 million and $350 million, excluding related one-time expenses. Bed Bath also said the roughly 200 stores generated about $1 billion in annual net sales in fiscal 2019, and it aimed to move at least 15% to 20% of those dollars online or to other stores. 

In this article