Clarksville, Indiana location is closing. Any word on other stores not originally scheduled to close?
https://www.bizjournals.com/louisville/news/2021/07/06/louisville-area-bed-bath-beyond-store-closing.html
5 replies (most recent on top)
There were 200 stores announced last year, and they have only shut down somewhere around 110-120, so more will come. It's not news. And a number of factors figure into the decisions. As big a factor as sales is rent. Property owners will ask what they believe the market can bare, and if the lease is up and BBB is not willing to pay the asking price, the lease will not be renewed. It's as simple as that.
so they're probably not having the good vibes the above poster is feeling
The Monrovia, CA store is going to be announced soon.
I’ve heard of one or two in Florida and Arizona. Not aware of any new in the Northeast though.
"...not originally scheduled to close?"
There was never a concrete list of stores to close. It was always based on lease, profitability, shrink and location. Volume code was never a factor.