Downey Landing Shopping Center in Downey, California.2101 Martin Luther King Parkway in Chico, California.1642 East 2nd Street Marketplace in Beaumont, California.1454 Higdon Ferry Road in Hot Springs, Arkansas.3955 Phoenix Avenue in Fort Smith, Arkansas.3445 West Frye Road in Chandler, Arizona.2746 Enterprise Drive in Opelika, Alabama.7971 Eastchase Parkway in Montgomery, Alabama.4863 Montgomery Highway Suite 200 in Dothan, Alabama.These are the locations Bed Bath & Beyond plans to close in the coming weeks: The company, which is teetering dangerously close to bankruptcy, has avoided Chapter 11 for now by completing a complex stock offering that will give it an immediate injection of $225 million in funds and a pledge for $800 million in the future to pay down its current debt load. Those are in Indiana, Louisiana, Maine, Michigan, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, Nevada, Oklahoma, Oregon and Wisconsin. Notably, this week’s list includes closures in 13 new states that weren’t included in last week’s store-closing list.

At its peak in 2017, the storied brand had 1,552 stores open.

In total, the company is reducing the number of Bed Bath & Beyond stores from 760 to about 360, with the company keeping its most profitable stores open in key markets. Anthony Behar/Sipa USA/APīed Bath & Beyond was a retail pioneer. People walk past the entrance to a Bed Bath & Beyond retail store along Sixth Avenue in New York, NY, September 4, 2022.

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