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NEW YORK —Bed Bath & Beyond said today it is closing an additional 87 stores, as the retailer seeks to consolidate its assets ahead of a possible bankruptcy filing.
The company confirmed the closures in a statement, adding it was also closing all Harmon health and beauty store locations.
“As we work with our advisors to consider multiple paths, we are implementing actions to manage our business as efficiently as possible,” it said, adding that it is analyzing its store footprint “based on a variety of factors.”
