Bed Bath & Beyond is closing 9 more Illinois stores. Here's the complete list
Bed Bath & Beyond plans to close an additional 9 Illinois locations in 2023, according to a company-released list Wednesday.
Is Bed, Bath & Beyond closing?
Some stores are closing. In September, Bed, Bath & Beyond closed 56 stores across multiple states. On Jan. 11, the company announced an additional 62 stores closing across 30 states.
The decision came after the Associated Press reported in early September that the company had plans to close about 150 stores and cut 20% of its workforce.
In a last-ditch effort to avoid bankruptcy, Bed, Bath & Beyond announced Feb. 8 that the company will be shuttering another 150 stores as part of the new plan.
The Peoria store, located at 4800 N. University St., made the most recent closing list.
Bed Bath & Beyond:Retailer is set to close 6 Illinois stores
Is Bed, Bath & Beyond going out of business?
Not yet, but the future looks bleak. According to USA TODAY, the business itself has much uncertainty toward the fate of Bed, Bath & Beyond, noting that the company faces "substantial doubt" about the ability to continue operation on its own.
The company is making one more attempt at avoiding bankruptcy.
What Bed, Bath & Beyond stores are closing in Illinois?
The latest stores set to close in Illinois include:
9650 S. Ridgeland Ave., Chicago Ridge
5786 Northwest Highway, Crystal Lake
215 Harlem Ave., Forest Park
1584 S. Randall Road, Geneva
20505 N. Rand Road, Kildeer
1700 E. College Ave., Normal
4800 N. University St., Peoria
3251 S. Veterans Parkway, Springfield
3232 Lake Ave., Suite 125, Wilmette
What Bed, Bath & Beyond stores in Illinois were already set to close in 2022?
The stores previously set to close in Illinois include:
2056 North State Route 50, Bourbonnais
University Mall, 1265 E. Main Street, Carbondale
Market View Shopping Center, 63 E. Marketview Dr., Champaign (closed by Christmas 2022)
1419 N. Kingsbury St., Chicago (buybuy BABY)
Fairview Center, 6611 N. Illinois, Fairview Heights
6132 Grand Ave., Gurnee Mills Mall, Gurnee
2850 Plainfield Road, Joliet
5110 Broadway Street, Quincy
915 East Golf Road, Schaumburg
413 Milwaukee Ave., Suite 300, Vernon Hills
Bed, Bath and Beyond closings:Peoria store is shuttering its doors
Who owns Bed, Bath & Beyond?
Who is the parent company of Bed Bath and Beyond?
The Bed, Bath & Beyond website explains that Bed Bath & Beyond Inc. is the parent company. Under the name, a group of subsidiaries operates retail store chains using the monikers of Bed Bath & Beyond, Harmon and Harmon Face Values, and buybuy BABY.
According to MarketScreener, investment management firm Davis Selected Advisers LP is the largest Bed Bath & Beyond shareholder, reportedly owning an 18.4% stake in the company. This equates to approximately 14.813 million shares.
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What time does Bed, Bath & Beyond open and close?
Most locations − including the Peoria store − are open from 10 a.m. to 8 p.m. Monday through Saturday and 11 a.m. to 6 p.m. Sunday. Click here to find your local store and check for details.
Does Bed, Bath & Beyond price match?
Yes, but there are a few rules and regulations to follow. Click here for the store's complete price matching policy.
Does Bed, Bath & Beyond take expired coupons?
Be sure to take them along. Bed, Bath & Beyond prefers customers use their coupons during the promotional period, but the store has a reputation for honoring expired coupons.
Click here for the company's official coupon policy.
Reporter Cassidy Waigand contributed ot this story. Chris Sims is a digital producer at Midwest DOT. Follow him on Twitter: @ChrisFSims.
This article originally appeared on Journal Star: 9 more Bed Bath & Beyond stores are closing in Illinois; total hits 19