Bed Bath & Beyond Closes 87 Stores – Here Are the 4 Closing in Texas
Bed Bath & Beyond announced they are closing 87 stores across 30 states after cautioning they were on the brink of bankruptcy. Of those 87 stores, 4 of them are in Texas.
The company alluded to the fact that they had already started cutting costs due to low earnings and that there were additional $80 million to $100 million cuts coming. Those cuts apparently include closing several stores.
SEE ALSO: 10 Phrases That Only Make Sense To People in Texas
The announcement also included the closing of five buybuy Baby stores as well as all locations of their beauty store Harmon.
On a local front, If you frequent the location in Abilene, Texas, don't worry, that store is not on the list. So, Abilene, you're cool. But here are the 4 stores in Texas that are closing.
Bed Bath & Beyond Texas Locations Closing
6400 West Plano Parkway in Plano
2212 SW HK Dodgen Loop in Temple
420 EAST FM 3040 in Lewisville
buybuy Baby - 719 Hebron Parkway in Lewisville
According to USA Today, Florida closed the most stores with 11 closures while California had 10 stores close.
Whether Bed Bath & Beyond plans on closing more stores remains to be seen. But, it's a sure sign of the economic pressures that big chain stores are facing right now.
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