Wilton – Liquidation sales will begin in the coming weeks and months at the Bed Bath & Beyond store on Route 50 in the Shoppes at Wilton as the company prepares to close the store. be done.
It has been widely reported that the company will close an additional 87 stores, in addition to the 150 stores it announced will close at the end of August.
““We are working with our advisors to consider multiple avenues and are taking steps to manage our business as efficiently as possible,” the company said in a statement. “We continue to analyze our store footprint based on a variety of factors and will work with our advisors to identify and implement additional Bed Bath & Beyond store closures in a timely manner.”
The company announced that it has informed employees that the store will be closing. The company would not comment on the number of employees affected at the Wilton store or how much retail space they occupy.
The retailer, known for its 20% off coupons, was founded in 1971 and sold a number of products, including household goods and home decor.
The company has been closing stores in recent years as it looks for ways to continue operating. According to various media reports, the company is expected to file for bankruptcy this week.
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