Popular housewares retailer Bed Bath & Beyond continues to close stores across the country.
Last September, they announced 56 stores to be closed. This week an additional 62 new Bed Bath & Beyond closures were across the United States, one of which will be in Atlanta.
The Bed Bath & Beyond store at 1 Buckhead Loop NE, Atlanta, will be closed. At this stage, the locations at Edgewood and Alpharetta will remain open.
Bed Bath & Beyond has been besieged with issues of late and has undergone a range of cost-cutting measures as it borders close to bankruptcy and they have begun laying off employees.
According to a report in Business Insider:
The retailer reported bigger-than-expected losses in the fiscal third quarter, and nearly half of Bed Bath & Beyond's products are currently out of stock as it struggles with supply chain challenges with its private label brands and issues paying its suppliers.
Last year two Bed Bath & Beyond stores in Atlanta were closed. These included the location at 130 Perimeter Center West and their Marietta location at 4475 Roswell Road.
Customers at the Buckhead Loop store reported discounted items, but a lack of stock as the store prepared to close.
Are you concerned with the state of Bed, Bath & Beyond? Do you shop at the Buckhead Loop store? Do any of the store closures affect you? Where will you shop now?
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