Bankrupt Bed Bath & Beyond Closing Stores In Illinois, Nationwide
Remember, back in September BB&B said that they were planning on closing around 150 of their nearly 900 locations, which included 6 Illinois BB&B stores.
Then, in January of this year, BB&B said that they were going to close even more stores across the country, and three more Illinois stores were added to the list of 6.
Moving forward to February, BB&B put out the news that they were closing an additional 87 stores across the country, with 5 more Illinois stores being added, too.
Now, it looks like every one of their stores in Illinois and coast-to-coast are eyeing the very real possibility that every single Bed Bath & Beyond store may close forever.
How Serious Is The Possibility Of Closing All The Bed Bath & Beyond Stores In Illinois (And Nationwide)?
It looks to be very serious, especially when you consider the announcement over the weekend by Bed Bath & Beyond that their well-known 20% off postcard-coupons would only be honored through Tuesday of this week (April 25th). After that, they're useless to you.
Bed Bath & Beyond also says that clearance sales will be kicking off this week on Wednesday, and that certain returns, merchandise credits, gift cards, and Rewards will still be taken through May.
Bed Bath & Beyond Has Already Closed 9 Illinois Stores (150 Nationwide) Since Their First Announcement About Financial Troubles, But Unfortunately, We Have More To Go
Not a lot more, looking at the numbers, but definitely more than the previous nine closings over the last few months. BB&B says that it may abandon plans to close stores in the event they find a buyer for the company, but...it is moving forward with sales of remaining stock, while "strategically managing inventory to preserve value."
Here are the 11 Bed Bath & Beyond Stores left in Illinois for now:
- Clybourn Place, 1800 N. Clybourn Ave., Chicago
- Deerbrook Mall, 96 S. Waukegan Road, Deerfield
- Finley Square Mall, 1548 Butterfield Road, Downers Grove
- Frankfort, 11165 W. Lincoln Highway
- Kildeer, 20505 N. Rand Road
- Naperville, 336 S. Route 59
- Normal, 1700 E. College Ave.
- Forest Plaza, 6309 E. State St., Rockford
- Skokie, 5545 W. Touhy Ave.
- Springfield, 3251 S. Veterans Parkway
- Willowbrook, 7174 Kingery Highway