Central Maine Bed Bath & Beyond Closing
As we continue to see ongoing economic issues caused by the coronavirus pandemic, we see more national brands closing underperforming locations.
It's been about two months since New Jersey-based Bed, Bath, & Beyond announced plans to close 200 of their stores over the next two years. Now, they have revealed the first round of stores to close.
According to USA Today, the first round is made up of 63 stores from the West Coast to New England.
Sadly, one of those stores is in Central Maine - the location at 730 Center Street in Auburn.
Based on the article, it would appear the company is attempting to morph from being a brick-and-mortar store chain to being an online retailer.
As of May 30th of last year, the company had 1,478 stores, including 955 Bed Bath & Beyond stores nationwide and in Canada.
In addition to the Bed, Bath, & Beyond stores, they also have 262 World Market stores stores under the names of World Market, Cost Plus World Market or Cost Plus. The company also owns the Christmas Tree Shops chain.
Bed, Bath & Beyond also has stores in Augusta, South Portland, and Brunswick.
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