The woes at retailer Bed Bath & Beyond keep on getting worse. The beleaguered housewares store, known for their giant blue direct mail marketing postcards giving discounts on purchases that would arrive in Long Islander’s mailboxes, suffered from giant swings in its share prices as online traders tried to make the store’s stock another meme like they did with GameStop and AMC. The company recently said it is considering bankruptcy amid weak sales.
In September the company announced stores closing in 2023 and on Wednesday it added to that list.
Among the stores that will close is the location at 251 Airport Plaza Boulevard in Farmingdale.
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