According to this report from CNN.com, Bed Bath & Beyond has announced the first 63 stores it will close by the end of the year as part of a restructuring plan brought on by Covid-19.

 

USA Today first reported the closures.

 

The news comes after the retailer announced in July that it would close roughly 200 stores, mainly Bed Bath & Beyond stores, over the next two years. The store chain also said last month that it would eliminate 2,800 jobs as it tries to streamline its operations and shore up its finances.

 

The store chain, which also operates Buybuy Baby, Christmas Tree Shops and Harmon Face Values, had a total of 1,478 stores as of May 30. Some 955 of those are Bed Bath & Beyond stores.

 

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