![]() ![]() ![]() 27.īed Bath & Beyond has Sioux Falls and Rapid City stores in South Dakota. The New Jersey-based retailer said Wednesday that slowing sales have carried into the most recent quarter and that same-store sales dropped 26% for the three-month period ending August. The Company continues to evaluate its portfolio and leases, in addition to staffing, to ensure alignment with customer demand and go-forward strategy." For over 50 years, Bed Bath & Beyond has been helping people make their homes cozier. "The Company has identified and commenced the closure of approximately 150 lower-producing Bed Bath & Beyond banner stores. 20 Faves for Bed Bath & Beyond from neighbors in Apple Valley, MN. Layoffs have begun to sweep through the company. There is no guarantee that the closing conditions will be satisfied, however, the Company anticipates that the closing and funding of the loans will occur imminently. The commitments are subject to customary closing conditions. Shop Bath & Body Works for the best home fragrance, gifts, body & bath products Find discontinued fragrances and browse bath supplies to treat your body. ![]() What's that mean for South Dakota and Minnesota locations? In a release by the company, Sue Gove, Director & Interim Chief Executive Officer stated Bed Bath & Beyond has secured financing commitments for more than $500 million of new financing, including its newly expanded $1.13 billion asset-backed revolving credit facility ("ABL facility") and a new $375 million "first-in-last-out" facility ("FILO facility"). Bed Bath & Beyond is in the midst of remodeling 450 stores, representing about half of its locations, at a cost of 250 million. List of Bed Bath & Beyond stores in Minnesota (addresses): Bed Bath & Beyond in Broadway Commons 30 25th St SE, Rochester, Minnesota - MN 55904 Bed Bath &. News reports indicate that Bed Bath & Beyond will close up to 150 stores and cut the number of employees by 20%. Shop Bed Bath & Beyond in Maple Grove, MN for bedding, bath, cookware, home dcor, or create a wedding or gift registry. ![]()
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