Bed Bath & Beyond is closing 3 more Illinois stores. Here's the complete list
Is Bed, Bath & Beyond closing?
Some stores are closing. In September, Bed, Bath & Beyond closed 56 stores across multiple states. On Jan. 11, the company announced an additional 62 stores closing across 30 states.
The Peoria store, located at 4800 N. University St., continues to be unaffected.
The decision comes after the Associated Press reported in early September that the company had plans to close about 150 stores and cut 20% of its workforce.
Bed Bath & Beyond:Retailer is set to close 6 Illinois stores
Is Bed, Bath & Beyond going out of business?
Not yet, but the future looks bleak. According to USA TODAY, the business itself has much uncertainty toward the fate of Bed, Bath & Beyond, noting that the company faces "substantial doubt" about the ability to continue operation on its own.
What Bed, Bath & Beyond stores are closing in Illinois?
The stores set to close in Illinois include:
- 1419 N. Kingsbury St., Chicago (buybuy BABY)
- 5110 Broadway Street, Quincy
- 413 Milwaukee Ave., Suite 300, Vernon Hills
What Bed, Bath & Beyond stores in Illinois were set to close in 2022?
The stores previously set to close in Illinois include:
- 2056 North State Route 50, Bourbonnais
- University Mall, 1265 E. Main Street, Carbondale
- Market View Shopping Center, 63 E. Marketview Dr., Champaign (closed by Christmas 2022)
- Fairview Center, 6611 N. Illinois, Fairview Heights
- 6132 Grand Ave., Gurnee Mills Mall, Gurnee
- 2850 Plainfield Road, Joliet
- 915 East Golf Road, Schaumburg
Who owns Bed, Bath & Beyond?
Who is the parent company of Bed Bath and Beyond?
The Bed, Bath & Beyond website explains that Bed Bath & Beyond Inc. is the parent company. Under the name, a group of subsidiaries operates retail store chains using the monikers of Bed Bath & Beyond, Harmon and Harmon Face Values, and buybuy BABY.
According to MarketScreener, investment management firm Davis Selected Advisers LP is the largest Bed Bath & Beyond shareholder, reportedly owning an 18.4% stake in the company. This equates to approximately 14.813 million shares.
What time does Bed, Bath & Beyond open and close?
Most locations − including the Peoria store − are open from 10 a.m. to 8 p.m. Monday through Saturday and 11 a.m. to 6 p.m. Sunday. Click here to find your local store and check for details.
Does Bed, Bath & Beyond price match?
Yes, but there are a few rules and regulations to follow. Click here for the store's complete price matching policy.
Does Bed, Bath & Beyond take expired coupons?
Be sure to take them along. Bed, Bath & Beyond prefers customers use their coupons during the promotional period, but the store has a reputation for honoring expired coupons.
Click here for the company's official coupon policy.
Reporter Cassidy Waigand contributed ot this story. Chris Sims is a digital producer at Midwest DOT. Follow him on Twitter: @ChrisFSims.