What to know about Modesto’s Bed Bath & Beyond closure and who still accepts its coupons

Bed Bath & Beyond has declared bankruptcy and is closing all of its stores including its Modesto, Calif., location pictured Thursday, May 4, 2023.

Fans of Bed Bath & Beyond have only a little time left to shop at its one remaining Stanislaus County location before the national home goods seller closes all of its stores for good.

Last week, the national chain announced it was filing for bankruptcy, planned to liquidate its assets and would close all of its 360 stores across the country, including its Modesto location on Sisk Road. The Modesto site has been open since 1999 as one of the original tenants of the Vintage Commons shopping center that now includes TJ Maxx and Ulta Beauty.

The Bed Bath & Beyond website has a statement about the closures: “Thank you to all of our loyal customers. We have made the difficult decision to begin winding down our operations.”

The company will keep stores open through its planned June 30 final closure. But the timing for each individual store closure is different. Staff at the Modesto location said they have not been told their last day.

Sales started at all stores last week with the announcement of the bankruptcy. The company also abruptly halted the use of its famous and ubiquitous 20% off coupons as of April 26.

Now, if you’re like me and keep a stash of those discount mailers in a kitchen drawer, fear not. You still can use the coupons at two other national chains with a handful of Central Valley locations.

Discount retailer Big Lots has said it will accept Bed Bath & Beyond coupons through Sunday, May 7. The 20% off coupons will be valid on Big Lots purchases of $50 or more.

Big Lots has 1,425 stores across the country including three in Stanislaus County — two in Modesto on Sisk and Oakdale roads and one in Turlock on Countryside Drive. Another Big Lots store should open later this year in Ceres, splitting the former Rancho San Miguel supermarket building on Hatch Road into two spaces with an also newly planned Grocery Outlet.

Another national chain that will take unexpired Bed Bath & Beyond coupons locally is JOANN Fabric & Craft. The national supplies seller has Stanislaus County locations in Modesto on Standiford Avenue and in Turlock on Countryside Drive. Other nearby locations include Stockton, Merced, Manteca and Sonora. But, again, the coupons cannot have an use-by date that has expired.

The Modesto site was among 41 remaining Bed Bath & Beyond locations in the state. The local store had weathered previous closure announcements by the national corporation. In 2021, the company shut down its Turlock site on Countryside Drive in the Monte Vista Crossings shopping center. That closure was part of a larger shuttering of 200 locations during the 2020-21 fiscal year.

Those worried that Cost Plus World Market would be affected by their one-time parent company’s liquidation should also take heart. The Alameda-based specialty retailer was sold by Bed Bath & Beyond in 2021. The buyer? Kingswood Capital Management LP.

A year later, the same Los Angeles-based private equity firm bought well-known Valley supermarket brand Save Mart. The March 2022 sale ended 70 years of family ownership by the Modesto-based grocery chain.

As Bed Bath & Beyond with its seemingly endless and amorphous offerings heads off into the great beyond, no word yet on what will fill the store’s prime 30,000-square-foot space. Might I humbly suggest the long-promised and hoped for HomeGoods? Just a suggestion, universe.