Two more Central Mass. Bed Bath & Beyond stores to close
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Bed Bath & Beyond announced in September the closure of its Milford location.
Two Central Massachusetts locations of Bed Bath & Beyond were among 149 to be shuttered in the latest round of closures announced by the company on Tuesday.
Locations at 17 High Commons East in Hudson and 76 Orchard Park Drive in Leominster were included in the list released by the company on its website.
The closures follow the announcement in September its 230 Fortune Boulevard location in Milford would be closed.
“The Company will continue to execute its customer-focused turnaround plans by optimizing its store footprint, investing in inventory, and pursuing infrastructure improvements. Specifically, the Company has initiated incremental store closures in its Bed Bath & Beyond banner with an ultimate operating goal of approximately 360 stores, in addition to approximately 120 buybuy BABY stores,” according to a Tuesday press release.
The company is offering public stock from which it received $225 million and expects to receive an additional $800 million going forward, according to the press release.
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