Update
JOPLIN, Mo. — Bed Bath & Beyond (BBBY) has added 150 stores to its growing list of closures. The home goods store released a new list yesterday (2/7) in an attempt to stave off bankruptcy.
The Four States were hit hard this round with 17 new store closures, including Joplin’s very own location. Take a look at the most recent closure list below:
- BBBY Joplin 409 South Geneva Ave. Joplin, MO 64801
- BBBY St. Louis The Meridian at Brentwood 8340 Eager Road St. Louis, MO 63144
- BBBY Norman 620 Ed Noble Parkway Norman, OK 73072
- BBBY Kansas City 8201 N.W. Roanridge Rd. Kansas City, MO 64151
- BBBY Shawnee Shawnee Station Shawnee, KS 66217
- BBBY Independence 19950 East Jackson Dr. Independence, MO 64057
- BBBY Olathe 15335 W. 119th St. Olathe, KS 66062
- BBBY Wichita 2441 N. Maize Rd. Wichita, KS 67205
- BBBY Lee’s Summit 1648 N.W. Chipman Rd. Lee’s Summit, MO 64081
- BBBY St Louis 10770 Sunset Hills Plaza St. Louis, MO 63127
- BBBY North Little Rock 4122 McCain Blvd. North Little Rock. AR 72117
- BBBY Topeka Topeka Crossing Topeka, KS 66604
- BBBY Tulsa 5352 East Skelly Dr. Tulsa, OK 74135
- BBBY Tulsa 7410 South Olympia Ave. Tulsa, OK 74132
- BBBY Moore 2150 S. Service Rd. Moore, OK 73160
- BBBY Hot Springs 1454 Higdon Ferry Rd. Hot Springs, AR 71913
- BBBY Columbia 205 North Stadium Blvd. Columbia, MO 65203
This announcement means BBBY will have cut its total brick-and-mortar stores nearly in half. The company released a statement stating it hoped to keep approximately 480 stores open. You can read the full statement here.
Original
Joplin makes the cut in Bed Bath and Beyond mass store closures
KSN/KODE — Bed Bath & Beyond (BBBY) updated its list of store closings on Monday.
What once was the place for all home-good needs and wedding registries, may now join the failed businesses of years past—like ToysRUs and Blockbuster. Just last week, the company announced it defaulted on a loan from J.P. Morgan, according to Rueters.
Last year, the company decided to close some of its stores in an effort to avoid filing for bankruptcy. The pressures the company was facing were evident and very public. BBBY stock shares had been falling and the company was also facing a class action lawsuit.
In June 2022, the President and CEO left his role, and a new interim CEO stepped in. Following this, were a number of executive leadership changes.
That September, BBBY confirmed its chief financial officer had died by suicide, just two days after the company announced plans to close 150 stores and lay off workers to cut costs. Other executive role changes also followed this tragedy.
The future of BBBY is unknown at this point, however, these stores within the Four States are closing:
- BBBY Lake St. Louis 4 Meadows Circle Drive Lake St. Louis, MO 63367
- BBBY Osage Beach 4627 Osage Beach Parkway Osage Beach, MO 65065
- BBBY Lawton 421 NW 2nd Street Lawton, OK 73507
- BBBY Manhattan 425 3rd Place Manhattan, KS 66502
- BBBY Lawrence 3106 S. Iowa Street, Suite 215 Lawrence, KS 66046
Bed Bath and Beyond here in Joplin is spared…for now.
For the full list of store closings, you can follow this link here.