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Bed Bath & Beyond to close more stores, including 4 in Palm Beach County

Bed Bath & Beyond
FILE – Shoppers enter and exit a Bed Bath & Beyond in Schaumburg, Ill., Jan. 14, 2021. Struggling Bed Bath & Beyond warned on Thursday that there’s substantial doubt about the company’s ability to continue as a “going concern” even as it continues to look at options like refinancing its debt or restructuring its business in bankruptcy court. (AP Photo/Nam Y. Huh, File)

Palm Beach County, FL– Bed Bath & Beyond announced that it will be closing 87 more of its stores nationwide, affecting several locations in Palm Beach County.
The company made the announcement about the additional closures on Monday.
The news comes just after several reports that the company defaulted on its loan and soon plans to file for bankruptcy.
The retailer has been struggling to keep up with rising prices as customer demand has slowed.
Back in September, the company announced that they planned to close 150 stores by March and cut jobs in an effort to reduce costs.
The list of closures has since grown to nearly 300.
Of the additional Bed Bath & Beyond closures, Florida has the most losses. The company plans to close eleven stores in the state, including four stores in Palm Beach County.
Bed Bath & Beyond locations in Boynton Beach, Delray Beach, Royal Palm Beach, and west of Boca Raton are all listed to close.
The company also announced that it will be closing all of its remaining Harmon stores, and five Buybuy Baby stores.
Liquidation sales are already underway at select locations.