Time To Say Goodbye To Some Of These Stores That Are Downsizing

Published on 03/29/2020
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Bed Bath & Beyond

In April 2019, Bed Bath & Beyond announced that it would shut down 40 stores that year. However, they eventually increased the number to 60 stores. You should not worry, however, since they announced the opening of 15 new stores. Without the home store, we have no idea where we would get our kitchen tools and other home appliances. We are glad to hear that it will still be around. Whew!

Bed Bath & Beyond

Bed Bath & Beyond

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Signet Jewelers

Signet Jewelers is the company responsible for lines like Kay Jewelers, Jared The Galleria of Jewelry, and Zales. However, the parent company planned to close 150 locations in 2019. The big shut down is part of a 3-year plan to close 13% of its stores. Just so you know, there were 3,500 stores worldwide before this. The company wanted to pull the stores out of malls and focus on e-commerce. In fact, their e-commerce site saw a sales increase of 10% that year.

Signet Jewelers

Signet Jewelers

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