By Jordan Valinsky | CNN Business
Bed Bath & Beyond has revealed the locations of the 149 stores it’s closing.
The new list of closures comes just a week after it announced it was shuttering 87 other stores. Over the past several months, it has closed or in the process of closing about 400 locations, which includes the closure of 5 buybuy Baby locations and all 49 remaining Harmon Face Value stores.
In total, the company is reducing the number of Bed Bath & Beyond stores from 760 to about 360, with the company keeping its most profitable stores open in key markets. At its peak in 2017, the storied brand had 1,552 stores open.
Notably, this week’s list includes closures in 13 new states that weren’t included in last week’s store-closing list. Those are in Indiana, Louisiana, Maine, Michigan, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, Nevada, Oklahoma, Oregon and Wisconsin.
The company, which is teetering dangerously close to bankruptcy, has avoided Chapter 11 for now by completing a complex stock offering that will give it an immediate injection of $225 million in funds and a pledge for $800 million in the future to pay down its current debt load.
These are the locations Bed Bath & Beyond plans to close in the coming weeks:
- 3250 Airport Blvd. Suite 100 in Mobile, Alabama
- 4863 Montgomery Highway Suite 200 in Dothan, Alabama
- 7971 Eastchase Parkway in Montgomery, Alabama
- 2746 Enterprise Drive in Opelika, Alabama
- 3445 West Frye Road in Chandler, Arizona
- 3955 Phoenix Avenue in Fort Smith, Arkansas
- 1454 Higdon Ferry Road in Hot Springs, Arkansas
- 1642 East 2nd Street Marketplace in Beaumont, California
- 2101 Martin Luther King Parkway in Chico, California
- Downey Landing Shopping Center in Downey, California
- 9145 West Stockton Blvd. in Elk Grove, California
- 555 9th Street in San Francisco, California
- 317 Madonna Road in San Luis Obispo, California
- 3900 South Bristol Street in Santa Ana, California
- 128 Browns Valley Parkway in Vacaville,…
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