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Bed Bath & Beyond to Close 87 More Stores, Harmon Chain as Restructuring Options Narrow

Bed Bath & Beyond Inc. mentioned Friday it was closing a further 87 of its flagship shops and its whole Harmon chain of drugstores, as the retailer struggles to discover monetary help to preserve its operations funded.

The newest closings are as well as to a plan introduced in August to shut 150 lower-performing Bed Bath & Beyond places, a spokeswoman mentioned. The firm mentioned Friday additionally it is closing 5 of its Buybuy Baby shops. The firm had about 50 Harmon shops as of February 2022.

Related Topics:acquisitions Acquisitions/Mergers/Shareholdings Bankruptcy Bankruptcy Reorganization bath BBBY Bed Bed Bath & Beyond Business C&E Industry News Filter capacity Capacity/Facilities Chain Close Content Types corporate Corporate Actions Corporate Financial Difficulty Corporate Organizational Restructuring corporate strategy Corporate Strategy/Planning Corporate/Industrial News Economic News facilities Facility Closures Factiva Filters hardware stores Harmon household goods Household Goods/Hardware Stores industrial news mergers Narrow options Ownership Changes planning PRO Restructuring retail Retail/Wholesale shareholdings Specialty Retailing Stores SYND wholesale WSJ-PRO-DEBT WSJ-PRO-WSJ.com

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