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STOREYS Daily - Feb 13 '23

STOREYS Daily - Feb 13 '23

"Bed Bath & The Great Beyond. Like Pier 1 and Sears before it, dramatic declines in revenue have led the retail chain to insolvency. The company considered closing only poorly performing stores, but the cost of upping its “historically low” inventory would hinder any possible profits."

Zoe Demarco, STOREYS Staff Writer

Bed Bath & Beyond Closing All 54 Canadian Stores

Bed Bath & Beyond is closing all of its Canadian stores and winding down operations across the country. Inventory, which is already at historic lows, will be liquidated and the retail stores vacated.

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