Popular housewares retailer Bed Bath & Beyond continues to close stores across Texas, with news this week of even more store closures.
Last week it was announced four stores in Texas would close, but this list keeps growing with a press release issued today by the company adding to the list.
This comes on the back of the announcement it was closing its Lewisville distribution center, just north of Dallas, Texas, and eliminating 374 jobs. All employees at the facility at 2900 South Valley Parkway are being terminated, with the cuts commencing on March 26 and ending by April 1.
The Texas store closures include the following:
- 6400 West Plano Parkway in Plano
- 719 Hebron Parkway in Lewisville (Buy Buy Baby) in the Lakepointe Towne Crossing
- 420 East FM 3040 in Lewisville in the Vista Ridge Plaza
- 2112 SW HK Dodgen Loop in Temple at the Temple Towne Center
- 3975 Dowlen Road Beaumont
- 1551 North US Hwy 287 Suite 701 Mansfield
- 225 Adams Drive Suite 235 Weatherford
- 4248 St. Michael Drive Texarkana
- The Crossing at 518 Pearland
- 3710 Town Center Street Sherman TX
- 420 East FM 3040 Suite 300 Lewisville
- 5636 Fairmont Parkway Pasadena
- 2112 SW HK Dodgen Loop Temple
- 1327 George Dieter Drive, El Paso
- 522 Northwest Loop San Antonio
- Wichita Falls: 3201 Lawrence Road, Suite A
- Lake Worth: 6038 Azle Ave.
- Port Arthur: Central Mall 3100 Highway 365 Suite 114
- Harker Heights: 201 East Central Texas Expressway, Suite 250
Following these store closures, less than 50 stores will remain in Texas.
Beyond problems
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 earlier this month, it began 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.
Your thoughts
Are you concerned with the state of Bed, Bath & Beyond? Do you shop there? Do any of the store closures affect you? Will the distribution center closing have any impact on you?
Please leave your thoughts in the comments below and share this article with others so they can join the conversation.
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