Justin Sullivan state California covid-19 president Coronavirus Justin Sullivan state California

Coronavirus-impacted Bed, Bath & Beyond to close over 200 stores as quarterly sales tumble

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FILE: A view of a Bed Bath and Beyond store on October 03, 2019 in Daly City, California. (Photo by Justin Sullivan/Getty Images) Bed, Bath & Beyond will close more than 200 stores over the next two years as part of a restructuring effort due to the coronavirus pandemic."The impact of the COVID-19 situation was felt across our business during our fiscal first quarter, including loss of sales due to temporary store closures and margin pressure from the substantial channel shift to digital," Mark Tritton, Bed Bath & Beyond's president and CEO, said in a statement. "From the beginning of this crisis, we have taken measured, purposeful steps to help keep our people safe and our customers serviced, and we are proud of the way our teams have.

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