TODAY'S PAPER
Good Evening
Good Evening
Business

Bed Bath & Beyond closing 37 more stores, including one on LI

The Bed Bath & Beyond store on South

The Bed Bath & Beyond store on South Oyster Bay Road in Plainview is advertising a going-out-of-business sale. Credit: James Carbone

Bed Bath & Beyond plans to close 37 more stores, including the location in Plainview, the home goods retailer recently announced.

The planned closings are part of Bed Bath & Beyond's 2020 initiative to close about 200 stores over two years, the Union, New Jersey-based company said.

The latest round of closings will shutter stores in 19 states, including seven locations in New York state, the retailer said.

Most of the 37 stores will close by the end of February, and store-closing sales are taking place now, Bed Bath & Beyond said.

The Plainview store, at 401 S. Oyster Bay Road in Woodbury Plaza, will close by the end of January, said Robert Delavale, vice president and director of leasing for Breslin Realty Development Corp., the Garden City company that co-owns Woodbury Plaza.

The Plainview store is the largest tenant in the shopping center, whose other tenants include Trader Joe’s, Banana Republic, Men’s Wearhouse and Trek Bikes.

The Bed Bath & Beyond in Plainview opened around December 2003 and occupies approximately 24,000 square feet in Woodbury Plaza, Delavale said.

A new tenant has been lined up for the Bed Bath & Beyond space in the shopping center, where a facade renovation is taking place now, but Delavale declined to disclose the business' name because the lease has not been signed yet.

Bed Bath & Beyond Inc., which also owns the BuyBuy Baby chain, did not respond to a Newsday inquiry about how many employees would be affected by the Plainview store’s closing.

In July 2020, the company announced a plan to close approximately 200 stores, about 21% of its total number of Bed Bath & Beyond stores, over two years as part of a "store network optimization project" to right-size its real estate portfolio and focus on cost-cutting.

It had closed 170 by Nov. 27, the end of its fiscal third quarter, the company said on Jan. 6.

One of those stores was on Long Island — the Manhasset location shuttered in February.

Also, in November 2018, Bed Bath & Beyond closed two other Long Island stores — in South Huntington and Inwood.

There are now 10 Bed Bath & Beyond stores on Long Island, including locations in Riverhead, Westbury, Oceanside and New Hyde Park.

As of Nov. 27, Bed Bath & Beyond Inc. owned 995 stores, including 809 Bed Bath & Beyond stores in the United States and Canada; 133 BuyBuy Baby stores; and 53 stores under the names Harmon, Harmon Face Values or Face Values.

More news