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Bed Bath & Beyond closes 4 Southern California stores, plans to shutter 36 more locations (Amazon effect?)
Orange County Register ^ | 1/23/2020 | KEVIN SMITH

Posted on 01/24/2020 6:33:57 AM PST by vespa300

Brick-and-mortar retail took another hit this week when Bed Bath & Beyond announced it will shutter 40 stores this year, including four Southern California locations that have already closed.

All of the stores on the list, spread throughout 19 states, are expected to close within the next six months, the New Jersey-based company said.

(Excerpt) Read more at ocregister.com ...


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KEYWORDS: bedbathbeyond; retail
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Another Amazon victim? What to do......
1 posted on 01/24/2020 6:33:57 AM PST by vespa300
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To: vespa300

Hey, I’m happy to blame Amazon for just about everything, but in this case it’s more likely blue state government run amok.


2 posted on 01/24/2020 6:37:20 AM PST by mewzilla (Break out the mustard seeds.)
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To: vespa300

The list:

California
Chino Hills: 13021 Peyton Drive
Encino: 17401 Ventura Blvd.
Hemet: 1165 S. Sanderson Ave.
Santa Clarita: 19211 Golden Valley Road
Tracy: 2886 West Grant Line Road

Connecticut
Shelton: 862 Bridgeport Ave.

District of Columbia
Washington D.C.: 709 7th Street NW

Florida
Tampa: 12803 Citrus Plaza Drive

Hawaii
Honolulu: 1200 Ala Moana Blvd.

Iowa
Council Bluffs: 3706 Metro Drive

West Des Moines: 6805 Mills Civic Parkway

Illinois
Chicago: 530 N. State Street

McHenry: 3340 Shoppers Drive

Mount Prospect: 1057 N. Elmshurst Rd.

Louisiana
Baton Rouge: 9001 Florida Blvd.

Maryland
Owings Mills: 10300 Reisterstown Road

New Jersey
Parsippany: 790 Route 46

Newton: 17 Hampton House Road

Sewell: 141 Tuckahoe Road Suite 190

New Mexico
Rio Rancho: 3575 NM Highway 528 NE

New York
Bronx: 610 Exterior Street

Cheektowaga: 3781 Union Road

West Nyack: 1406 Palisades Center Drive

North Dakota
Grand Forks: 3841 32nd Ave. South

Ohio
Cincinnati: 6068 Glenway Ave.

Grove City: Parkway Centre South, 1747 Stringtown Road

Mayfield Heights: East Gate Shopping Center, 1371 SOM Center Road

North Olmsted: 25975 Great Northern Plaza

Pennsylvania
Muncy: 290 South Lycoming Mall Road

Johnstown: Richland Town Centre, 340 Town Centre Drive

Rhode Island
Providence: 24 Providence Place

Texas
Austin: 9600 IH-35 Service Road

Harlingen: 2817 W. Expressway 83 Frontage

Houston: West Oaks Shopping Center, 2306 S Highway 6

Houston: 700 Meyerland Plaza

Houston: 6675 Highway 6 North

Utah
Midvale: The Family Center at Fort Union, 7210 S. Union Park Ave.

West Valley City: 3595 S. Constitution Blvd.

Virginia
Stafford: 1190 Stafford Marketplace

Wisconsin
Racine: 2360 S. Green Bay Road


3 posted on 01/24/2020 6:38:28 AM PST by Dr. Sivana (There is no salvation in politics)
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To: vespa300

Large malls have not aged well. I wonder about the air quality in them - germs galore.


4 posted on 01/24/2020 6:39:53 AM PST by stars & stripes forever (Blessed is the nation whose God is the Lord. Psalm ( 32:12))
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To: mewzilla

High prices.........................


5 posted on 01/24/2020 6:40:50 AM PST by Red Badger (Against stupidity the gods themselves contend in vain.......... ..)
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To: Red Badger

High labor costs. High taxes.


6 posted on 01/24/2020 6:41:41 AM PST by mewzilla (Break out the mustard seeds.)
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To: vespa300

There was some commentary in Barron’s magazine about the company. Apparently they’ve been running a low margin business, and they hired a new CEO from Target. Supposedly, he’s cleaning house and tightening things up. Improvement is possible but not guaranteed.


7 posted on 01/24/2020 6:41:51 AM PST by Pearls Before Swine
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To: mewzilla

Yeah, it’s just a tough situation for brick and mortar retailers. I feel their pain. I guess I’m old fashioned too. I like to see stores, malls, retail centers, full parking lots, people, family shopping, JC Penny’s, Sears, heck....The Broadway, Buffums, FedCo, Gemco, Ohrbachs, Tower Records, I magnin, the 50s, 60s, and 70s....etc. etc. .....in other words...competition and jobs, jobs, and more jobs.


8 posted on 01/24/2020 6:42:54 AM PST by vespa300
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To: vespa300

People have been wondering how long Bed, Bath & Beyond would last for at least 5-7 years.


9 posted on 01/24/2020 6:43:14 AM PST by RayChuang88 (FairTax: America's Economic Cure)
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To: mewzilla

High rent/leases as well...................


10 posted on 01/24/2020 6:43:23 AM PST by Red Badger (Against stupidity the gods themselves contend in vain.......... ..)
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To: Dr. Sivana

I’m amazed that any retailer has a store in Johnstown, Pennsylvania.

It’s as dead as Paul Newman predicted it would be in 1977.


11 posted on 01/24/2020 6:43:29 AM PST by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: vespa300

Our Chino Hills store was one of the closures. It was in a dead shopping center with only the Costco and Lowe’s viable. I think they could have made a go of it just relocating a couple miles in other thriving Shopping centers. Both Best Buy and BevMo made that move out the same dead Shopping Center to two miles away in Chino.


12 posted on 01/24/2020 6:44:32 AM PST by DAC21 ( and Naflet)
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To: Red Badger

Yup. Here in NYS it’s gonna get even worse because of what the state legislature has done with the minimum wage. And Upstate is already a retail wasteland.


13 posted on 01/24/2020 6:45:46 AM PST by mewzilla (Break out the mustard seeds.)
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To: Buckeye McFrog

In some cases the property makes it worth keeping a bricks and mortar store there.


14 posted on 01/24/2020 6:47:07 AM PST by mewzilla (Break out the mustard seeds.)
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To: vespa300

Don’t forget Woolworth’s that had everything. French fries at the dining counter, fabric, Evening In Paris perfume. Everything. :)


15 posted on 01/24/2020 6:47:23 AM PST by MayflowerMadam ("Worry does not empty tomorrow of its sorrow; it empties today of its strength" - Corrie ten Boom)
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To: vespa300

I’m glad the one my wife and I go to in Stafford, TX is not on the list. They are also opening a new Cost Plus/World Market in the same shopping Center.


16 posted on 01/24/2020 6:49:25 AM PST by Sans-Culotte (With every passing day, I am a little bit gladder that Romney lost in 2012.)
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To: vespa300

I read a review on Amazon for a memory foam mattress. One of the reviews mentioned that their 12” deep mattress only expanded to about 8 inches, and when they complained, Amazon just gave them a refund. So I told my wife, “hey, 8 inches is fine, lets give it a try”.

So we ordered the 12” and, sure enough, after 4 days, it only expanded to ~8 inches. We emailed to return it and they said they can’t take returns on mattresses so they just gave us a refund.

Free mattress. WOOHOO!


17 posted on 01/24/2020 6:50:13 AM PST by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: mewzilla

We are having the same here in Florida, so it’s not just a NY thing.

Our local Mall is half empty, and few people even go there any more.

It used to be full, all stores rented, people crowding the Food Courts.

They have shut down one wing and torn it down to build an apartment building. I guess the theory is have people live adjacent and connected to the Mall so they will shop there...................


18 posted on 01/24/2020 6:50:30 AM PST by Red Badger (Against stupidity the gods themselves contend in vain.......... ..)
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To: cuban leaf

I wonder if Viagra would do the same?.....................


19 posted on 01/24/2020 6:51:51 AM PST by Red Badger (Against stupidity the gods themselves contend in vain.......... ..)
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To: vespa300

My wife will be devastated if the one she frequents closes. She has about 50 coupons for 20% off she keeps stuffed in the side pocket in her car door.


20 posted on 01/24/2020 6:51:54 AM PST by Stevenc131
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