Same-store sales plummeted 26% for the three-month period ended August 27 - an even bigger drop than the declines of recent quarters.įollowing the new closures, Bed Bath & Beyond will continue to operate a dozen locations in greater metro Atlanta including those in Buckhead (Buckhead Station), Cumberland (Akers Mill Square), Atlanta (Edgewood Retail District), Kennesaw (Cobb Place), Alpharetta (North Point Marketcenter), and Duluth (Gwinnett Marketfair), among others.Īre you surprised to see Bed Bath & Beyond closing in Snellville and Suwanee? Have you shopped at Bed Bath & Beyond more or less in recent years? What would you like to see open in the soon to close stores?īed bath and beyond merchandising has always been a thinly veiled sham. Overall, the company plans to close about 150 stores in the coming months as it works to streamline operations and increase profits. The two Atlanta area Bed Bath & Beyond closures are among roughly 60 stores the retailer plans to close this quarter. Johnson implemented several significant changes - chief among them discontinuing basically all coupons - and after limited success, was also ousted after less than three years. While "outsiders" are often brought in to "shake things up" at struggling businesses, Tritton's struggles are reminiscent of fellow Target and later Apple alum Ron Johnson who was brought to JCPenney in late 2011 to re-energize their business. Target-alum Mark Tritton was hired to be Bed Bath & Beyond's President & CEO in 2019, but after launching a number of new initiatives meant to revitalize the business, was ousted by the board this past June. A former Office Depot in Presidential Markets reopened this past October as Market by Macy's, a small format concept from the legacy department store.Įarlier this year Bed Bath & Beyond shuttered stores in Dunwoody and East Cobb with the former having reopened in August as a new Academy Sports + Outdoors and the latter slated to be reconfigured as part of the collective redevelopment of The Avenue East Cobb. In Suwanee, Bed Bath & Beyond's store is smaller, measuring only about 20,000 square feet.īoth centers are anchored by Target stores but are also home to several other junior anchors and small shop space. In Snellville, Bed Bath & Beyond occupies a roughly 35,000 square foot space along Scenic Highway in Presidential Markets shopping center. Liquidation sales have commenced at Bed Bath & Beyond stores in Snellville and Suwanee with both stores offering discounts of 10-30% off in-stock merchandise.
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