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Here's a list of Bed Bath & Beyond stores set to close so far

Here's a list of Bed Bath & Beyond stores set to close so far

CBSN
Monday, September 19, 2022 03:10:20 PM UTC

Bed Bath & Beyond shares continue to slump on news that the retailer is closing stores nationwide. The stock fell nearly 1% on Monday to $7.95, down sharply from $15 at the beginning of the year. 

Last month, Bed Bath & Beyond announced it would close 150 of its roughly 1,000 stores in a move designed to cut costs and free up cash.

"Our immediate focus is on supporting our teams, growing the business, making sure our stores, customers and partners are supported and improving returns to shareholders," the company said in a statement Friday to CBS MoneyWatch.

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