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Bed Bath and Beyond Closing 40-plus stores in 2021

To kick off 2021, Bed Bath and Beyond has announced the next 43 stores that will shutter their doors, most by the end of February. Bed Bath & Beyond has previously announced a liquidation plan that will result in the closure of nearly 200 stores by 2022.

bed-bath-beyond

While these stores generated almost $1 Billion in revenue in 2019, the plan is expected to help the company save up to $350 million in expenses annually.

While the closure of these stores is significant, the brand has said they hope to move around 15% of the business being done in these locations online. The stores that will close in the first quarter of 2021 are:

  1. 1272 South Amity Road, Conway AK
  2. 24760 N. Lake Pleasant Parkway, Peoria AZ
  3. 6000 El Cerrito Plaza, El Cerrito CA
  4. 6725 Camino Arroyo, Gilroy CA
  5. 2470 Charleston Road, Mountain View CA
  6. 8959 Tampa Ave.Northridge CA
  7. Canyon Springs Marketplace, Riverside CA
  8. 2280 Bridgepoint Parkway, San Mateo CA
  9. 2631 Tapo Canyon Road, Simi Valley CA
  10. 2851 Countryside Drive, Turlock CA 
  11. Yuba City Marketplace, Yuba City CA
  12. 1741 28th St., Boulder CO
  13. 5944 Barnes Road, Colorado Springs CO
  14. Meadows Marketplace, Lone Tree CO
  15. 3248 Forum Blvd., East Fort Myers FL
  16. Coconut Point Shopping Center, Estero FL
  17. 12010 N Kendall Drive, Miami FL
  18. Embassy Crossings, Port Richey FL
  19. 123 Pavilion Parkway, Fayetteville GA
  20. 1411 S. Reed Road, Kokomo IN
  21. 127 Northshore Blvd., Slidell LA
  22. The Holyoke Crossing, Holyoke MA
  23. 367 Broadway, Saugus MA
  24. 5210 Campbell Blvd., Baltimore MD
  25. 4830 Wilson Avenue SW, Wyoming MI
  26. 12773 Riverdale Blvd., Coon Rapids MN
  27. 101-B Mercer Mall, Lawrenceville NJ
  28. 410 East 61st St., New York NY
  29. 2103 Northern Blvd., Manhasset NY
  30. 112 Greece Ridge Center Drive, Greece NY
  31. 650-F Eastgate South Drive, Cincinnati OH
  32. 4949 Grande Shops Ave., Medina OH
  33. 4290 Kent Road, Stow OH
  34. 4031 Richmond Road, Warrensville Heights OH
  35. Waterworks Shopping Center, Pittsburgh PA
  36. 857 Baltimore Pike, Swarthmore PA
  37. Bo Canovanillas Carolina, Puerto Rico
  38. 4540 Frontage Road NW, Cleveland TN
  39. 773 W. Grassland Drive, American Fork UT
  40. 9666 Main St., Fairfax VA
  41. 9900 Brook Road, Glen Allen VA
  42. 3312 Princess Anne Road, Virginia Beach VA
  43. 821-D Town Center Drive, Waynesboro VA

Of the states experiencing closures, California is being impacted the most with 9 locations soon to be closed. This is followed by Florida, Ohio, and Virginia, who will all see 4 locations close. 

Do you own or manage a space that Bed Bath and Beyond will soon be vacating? Now is the time to start looking for a tenant to fill this space. Sign up for a no obligation demo of Retailsphere today and see how simple your tenant search can be with access to brand insights and real site selector contact information. 

Tags: Store Closure, Bankruptcy

Written by Barton Strawn