The entrance to a Bed Bath & Beyond store is seen in Anchorage, Alaska, on Sunday, April 23, 2023. One of the original big box retailers, the company filed for bankruptcy protection on Sunday, following years of dismal sales and losses and numerous failed turnaround plans. (AP Photo/Mark Thiessen)
The chain will close its 16 Pennsylvania locations, in addition to two Buy Buy Baby stores in the state.
Bed Bath & Beyond — one of the original big box retailers known for its seemingly endless offerings of sheets, towels, kitchen gadgets, and coupons — filed for bankruptcy protection Sunday and announced it plans to close all of its 360 stores by the end of June, including 16 Pennsylvania locations.
The chain will also close its 120 Buy Buy Baby stores, which are known for carrying anything a new parent needs from diapers to nursery decor. There are currently two Buy Buy Baby stores in Pennsylvania.
Bed Bath & Beyond said it expects to process returns and exchanges in accordance with its usual policies until May 24 for items purchased prior to Sunday. It also anticipates gift cards, gift certificates, and loyalty certificates will be accepted through May 8.
As for those big blue coupons you probably have on your fridge or in your car’s glove compartment, Bed Bath & Beyond will stop accepting those on Wednesday.
The company said that, as of now, it expects all in-stock orders placed online both prior to and after Sunday to be fulfilled.
Customers can still access their wedding and baby registries. The company said it expects to partner with another platform where customers can transfer registry data.
For months, Bed Bath & Beyond has been closing some of its stores due to dismal sales. Some Pennsylvania locations, like one in Plymouth Meeting, Montgomery County, closed in late 2020.
The store closings will likely claim thousands of jobs. The company employed 14,000 workers, according to the court filing. That’s drastically down from the 32,000 as of February 2022.
Information from the Associated Press was used in this report.
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