The company said it will close approximately 40 Bed Bath & Beyond stores, and 20 stores from its other concepts.
Interim CEO Mary Winston said the decision is a result of its work to optimize its fleet.
Interim CEO Mary Winston said the decision is a result of its work to optimize its fleet. "With this action we are increasing the profitability of our remaining portfolio, and believe that our remaining fleet will benefit from our renewed focus on driving traffic and operating efficiency," Winston said.
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