The company released a list of stores that will be closed, and the Anchorage location isn't on it — for now. The lone Alaska location made it through the last two rounds of closures.
The latest store closures come as the chain has been . According to a regulatory filing, it will have shuttered more than 400 stores, nearly half of its fleet. That includes the remaining 50 standalone Harmon Face Value Stores, which sells beauty and household products. The company said it anticipates keeping 360 of its namesake stores in addition to 120 BuyBuy Baby stores.
Bed Bath & Beyond also said in the filing that it expects sales at stores opened at least a year to be down anywhere from 30% to 40% during its first fiscal quarter, with “sequential quarterly improvement after that.”
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
More Bed Bath & Beyond store closings planned in 'turnaround'Bed Bath & Beyond Inc. said Tuesday that it's mapping out a 'turnaround plan' to avoid bankruptcy after raising hundreds of millions of dollars.
Leer más »
Bed Bath & Beyond's stock soars as much as 120% as retailer nears bankruptcyBed Bath & Beyond Inc.'s stock undefined spiked as much as 120% Monday even as the retailer indicated it has missed payments to debt holders and could file...
Leer más »
Bed Bath & Beyond plans to sell shares in bid to avoid bankruptcyStruggling retailer Bed Bath & Beyond said Monday it plans to sell shares of the company in hopes of generating enough cash to avoid filing for bankruptcy.
Leer más »
Bed Bath & Beyond moves to raise $1 bln as bankruptcy clouds loomBed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of preferred stock and warrants, in a last-ditch effort to stave off bankruptcy.
Leer más »