|Pittsfield Bed Bath and Beyond Closing in Coming Months|
|By Sabrina Damms, iBerkshires Staff|
05:15PM / Wednesday, February 01, 2023
|The Bed Bath & Beyond in the Shops at Unkamet Brook is one of 150 stores being closed in the coming months. |
PITTSFIELD, Mass. — The Bed Bath & Beyond on Merrill Road will be closing in the coming months, one of 150 stores being shuttered nationwide.
The Massachusetts closures in this second round include the Burlington, Raynham, North Dartmouth, and Dedham locations.
The closing were announced last August and the company also intends laying off 20 percent of its corporate employees. Full list of store closures here
. According to data company ScrapeHero
, as of January 2023 the company has 691 stores in the United States.
Store closures will commence and continue over the next few weeks and months, the corporation said.
A company representative declined to say how many employees would be affected but the closure or when it would close for good.
"We previously shared this information with our valued Associates. While the decision to close a store is always a difficult one, local customers can find their favorite products online at bedbathandbeyond.com
and our mobile app, where they can take advantage of digital services such as free ship-to-home for purchases $39 or more," the representative said.
"As we continue to work with our advisors to consider multiple paths, we are implementing actions to manage our business as efficiently as possible."
According to the company's 2022 third quarter report
, Bed Bath and Beyond saw a decline in sales by 32 percent compared to the same period in 2021, with a 31 percent drop in stores and 33 percent drop online.
The 52-year-old chain began clipping its holdings in 2018, a pattern that escalated with the pandemic in 2020. CNN Business reported on Tuesday that the company was warned it was in default from its lender and that one of its alternatives was a bankruptcy restructuring.