These Stores Are Shutting Down Because Of This Reason

Published on 08/05/2022
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Macy’s

Macy’s, the latest in a long line of department store companies, is set to close a slew of locations. According to a statement published by the corporation in January, 45 locations would be permanently closed by 2021. The layoffs are part of a larger strategy by Macy’s to eliminate 125 stores by 2023, confining the company’s presence to the most renowned shopping malls, according to CNBC.

Macy’s

Macy’s

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Bed Bath & Beyond

According to the retailer’s declaration last year, 200 Bed Bath & Beyond shops will close by 2021. According to USA Today, there will be a total of 43 permanent closures by the end of February. California is home to nine of the 19 jurisdictions that will be affected by the shutdown.

Bed Bath & Beyond

Bed Bath & Beyond

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