Bed Bath and Beyond is now set to close 200 stores. They have become the latest retailer to be hit by the COVID-19 pandemic.
Over the next 2 years they will close 200 of their stores. The announcement comes as sales fell nearly 50% last quarter. Nationwide, the chain has closed 1,000 locations.
Mark Tritton, the Bed Bath & Beyond Chief Executive stated "The impact of the Covid-19 situation was felt across our business during our fiscal first quarter, including loss of sales due to temporary store closures."
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