New York
CNN
—
Bed Bath and Beyond is closing one other 87 shops because the struggling retailer barrels towards chapter.
The closing shops are along with the 150 closures Bed Bath and Beyond introduced final August. Included within the new listing is 5 buybuy Child places and all 49 remaining Harmon Face Worth shops, which as soon as offered cosmetics.
“As we continue to work with our advisors to consider multiple paths, we are implementing actions to manage our business as efficiently as possible,” a Mattress Bathtub and Past spokesperson informed CNN. “This store fleet reduction expands the company’s ongoing closure program.”
Final week, the corporate warned in a regulatory submitting that it received a notice of default from its lender, JPMorgan Chase. The corporate mentioned that “at this time, the company does not have sufficient resources to repay the amounts under the credit facilities and this will lead the company to consider all strategic alternatives, including restructuring its debt under the US Bankruptcy Code.”
Mattress Bathtub and Past
(BBBY) defaulted “on or around” January 13, based on the Securities and Change Fee submitting. It could possibly be pressured to file for Chapter 11 chapter reorganization attributable to its monetary woes.
Based in 1971, Mattress Bathtub & Past grew to become a staple for inexpensive dwelling decor, kitchenware and school dorm room furnishings. The retailer grew to become identified for its ubiquitous 20% off blue coupons, and cavernous shops with merchandise stacked excessive to the ceilings.
However the firm struggled to make the transition to on-line procuring and fend off bigger chains, equivalent to Walmart and Goal. Many patrons switched to these opponents because the novelty of Mattress Bathtub and Past’s coupons pale – customers can discover loads of cheaper options on Amazon and different on-line websites.
These are the places Mattress Bathtub and Past plans to close within the coming weeks:
- 6850 US Freeway 90 Anchor D in Daphne, Alabama
- 4122 McCain Blvd. in North Little Rock, Arkansas
- 1834 South Sign Butte Highway in Mesa, Arizona
- 1905 Calle Barcelona Suite 100 in Carlsbad, California
- 10822 Jefferson Blvd. in Culver Metropolis, California
- 2385 Iron Level Highway. in Folsom, California
- 1405 East Gladstone Road in Glendora, California
- 14351 Hindry Avenue in Hawthorne, California
- 72459 Freeway 111 in Palm Desert, California
- 10537 4S Commons Drive, Suite 170 in San Diego, California
- 165 S. Las Posas Highway in San Marcos, California
- 1865 North Campus Avenue, Constructing #15 in Upland, California
- 3125 South Mooney Blvd. in Visalia, California
- 1605 Fall River Drive in Loveland, Colorado
- 16531 Washington Road in Thornton, Colorado
- 20 Hazard Avenue in Enfield, Connecticut
- 2260 Kings Freeway in Fairfield, Connecticut
- 835 Queen Road in Southington, Connecticut
- 1065 Silas Deane Freeway in Weathersfield, Connecticut
- 2239 East Semoran Blvd in Apopka, Florida
- 20560 State Highway 7 in Boca Raton, Florida
- 371 North Congress Ave. in Boynton Seaside, Florida
- 320 Brandon City Heart Dr. in Brandon, Florida
- 4631 North College Dr. in Coral Springs, Florida
- 14824 South Navy Path in Delray Seaside, Florida
- 1460 West forty ninth St. in Hialeah, Florida
- 6001 24 Argyle Forest Blvd in Jacksonville, Florida
- 3221 Metropolis Station Drive, Suite 125 in Jacksonville, Florida
- 397 North Alafaya Path in Orlando, Florida
- 540 North State Highway 7 in Royal Palm Seaside, Florida
- 1 Buckhead Loop in Atlanta, Georgia
- 3615 South Federal Approach in Boise, Idaho
- 9650 South Ridgeland Avenue in Chicago Ridge, Illinois
- 5786 Northwest Freeway in Crystal Lake, Illinois
- 215 Harlem Avenue in Forest Park, Illinois
- 1584 South Randall Rd. in Geneva, Illinois
- 3232 Lake Ave., Suite 125 in Wilmette, Illinois
- 2515 Hall Approach Suite 5 in Coralville, Iowa
- 15335 West 119th Road in Olathe, Kansas
- 4350 Summit Plaza Drive in Louisville, Kentucky
- 200 Harker Place Suite 200 in Annapolis, Maryland
- 12641 Ocean Gateway Suite 240 in Ocean Metropolis, Maryland
- 200 Clifton Blvd in Westminster, Maryland
- 3 Abbott Park in Burlington, Massachusetts
- 820 Windfall Freeway in Dedham, Massachusetts
- 458 State Highway, Rt 6, Suite 100 in North Dartmouth, Massachusetts
- 665 Merrill Highway in Pittsfield, Massachusetts
- 600 South Road West, Suite 13 in Raynham, Massachusetts
- 7961 Southtown Heart in Bloomington, Minnesota
- 10770 Sundown Hills Plaza in St. Louis, Missouri
- 155 Promenade Blvd. in Bridgewater, New Jersey
- 276 Route 202/31 in Flemington, New Jersey
- 1160 Route 23 North in Kinnelon, New Jersey
- 1121 Freeway 34, Suite A in Matawan, New Jersey
- 190 Hamilton Commons in Mays Touchdown, New Jersey
- 8 Centerton Highway in Mt. Laurel, New Jersey
- 5131 Dawn Freeway in Bohemia, New York
- 850 Third Avenue in Brooklyn, New York
- 459 Gateway Drive in Brooklyn, New York
- 72 15 twenty fifth Avenue in East Elmhurst, New York
- 251 East Principal Road in Elmsford, New York
- 1490 Union Turnpike in New Hyde Park, New York
- 2020 South Highway, Suite 3 in Poughkeepsie, New York
- 3064 Route 50 in Saratoga Springs, New York
- 1455 East Lasalle Drive in Bismarck, North Dakota
- 3750 Easton Market in Columbus, Ohio
- 1700 Oxford Drive in Bethel Park, Pennsylvania
- 3739 William Penn Freeway in Monroeville, Pennsylvania
- 1261 Knapp Highway in North Wales, Pennsylvania
- 160 Quinn Drive in Pittsburgh, Pennsylvania
- 205 West Blackstock Highway in Spartanburg, South Carolina
- 5523 Freeway 153, Suite 112 in Hixson, Tennessee
- 870 South White Station Highway in Memphis, Tennessee
- 420 East FM 3040 Suite 300 in Lewisville, Texas
- 6400 West Plano Parkway, Suite 125 in Plano, Texas
- 2112 SW HK Dodgen Loop in Temple, Texas
- 1678 West Redstone Heart Drive in Park Metropolis, Utah
- 1324 Greenbrier Parkway in Chesapeake, Virginia
- 24670 Dulles Touchdown Dr Unit 150 in Dulles, Virginia
- 12100 Fairfax Towne Heart in Fairfax, Virginia
- 6642 Loisdale Rd. in Springfield, Virginia
- 4900 Monticello Ave, Suite 4 in Williamsburg, Virginia
- 2540 South Nice Valley Highway in Winchester, Virginia
- 7809B Vancouver Plaza Dr #102 in Vancouver, Washington
- 1630 West Poplar Road in Walla Walla, Washington
- 395 Goal Approach in Morgantown, West Virginia
- 3575 Rib Mountain Drive in Wausau, Wisconsin
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