Bed Bath & Beyond closes another 87 stores in 30 states: Visalia is on the list
Bed Bath & Beyond announced it will close 87 more stores nationwide as the embattled home goods chain teeters on the brink of bankruptcy.
Visalia's Mooney Boulevard location is on the list.
The store is among several Sequoia Mall businesses that have closed in recent years, including Sears and Borders Books. However, Sprouts will soon be located in the former Sears building with Nordstrom Rack close by.
In addition to Bed Bath & Beyond, the company said it would close five buybuy Baby stores and all locations of its beauty store brand, Harmon. The retailer said the new closures expand an ongoing program to close 150 of its lowest-performing stores. It had previously announced the shuttering of 62 stores in September, and 56 more in January.
Thirty states are impacted by the latest announcement. Florida will shed the most Bed Bath & Beyond stores in the latest wave with 11 stores closing, followed by California with 10. Harmon stores are mostly concentrated in New York and New Jersey.
The retailer said in its third quarter results report earlier this month that it had seen net sales drop 33% to $1.26 billion, and announced an expected $500 million in general annualized cost cuts.
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Here are the latest Bed Bath and Beyond store closures in California. Harmon and buybuy Baby store closings are designated in parentheses:
California
72459 Highway 111, Palm Desert
3125 South Mooney Blvd, Visalia
14351 Hindry Avenue, Hawthorne
1905 Calle Barcelona Suite 100, Carlsbad
1865 North Campus Avenue, Building #15, Upland
10537 4S Commons Drive, Suite 170, San Diego
10822 Jefferson Blvd, Culver City
165 S. Las Posas Rd, San Marcos
2385 Iron Point Rd, Folsom
1405 East Gladstone Street, Glendora
3609 E Foothill Blvd, Pasadena
10561 West Pico Blvd, Los Angeles (Harmon store)
This article originally appeared on USA TODAY: Bed Bath & Beyond store closing list: 87 additional locations closed