Bed Bath & Beyond Shuts Down 40 Stores Across the U.S.

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Say goodbye to the store where you bought that Crock-Pot or iRobot Roomba.

New Jersey-based home goods retailer Bed Bath & Beyond is closing 40 stores across the nation. The retailer, which also operates buybuy Baby, Harmon Face Values and World Market, shared a list of the closing stores.

California, Florida, Connecticut, Hawaii, Iowa, Illinois and more states will see Bed Bath & Beyond stores shuttering down.

Some stores located in 19 states and Washington D.C. have already closed in 2020 according to company spokeswoman Jessica Joyce. She revealed that the brick and mortar stores have been put on the chopping block because they were no longer meeting the standards “customers expect.”

As of Nov. 30, Bed Bath & Beyond had 981 stores nationwide and in Canada.

The quarterly earnings call with analysts, which took place on Jan. 8, revealed that company officials planned to close 60 stores across all of its brands.

This is not the only company that will be shutting down storefronts. Earlier in the week, it was revealed that Lucky’s Market, a popular grocery store chain, would be closing down the majority of its stores, and Papyrus, a greeting card and stationary store, would also shut down stores nationwide within the coming weeks.

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