Editor’s note: A previous version of the story identified an incorrect store. The error has been fixed. We apologize for the error.
ROCHESTER, N.Y. (WROC) — The buy buy Baby in Henrietta is set to close. This is according to their parent company’s website, Bed Bath & Beyond’s website.
This is one of multiple buybuy Babys set to close across the country. Over one hundred Bed Bath & Beyonds are set to close as well.
In a public filing early this year , “(Bed Bath & Beyond) expects to report net loss of approximately $385.8 million for the three months ended November 26, 2022.” The company has also announced it has defaulted on loans.
Bed Bath & Beyond announces 87 more store closures Bed Bath & Beyond warned on Jan. 5 that it was considering options including filing for bankruptcy , saying that there was “substantial doubt” that it could stay in business. A week later, it reported a 33% drop in sales and a widening loss for its fiscal third quarter that ended Nov. 26, compared with the year-ago period. Sales at stores opened at least a year — a key indicator of a company’s health — dropped 32%.
Town of Victor to appeal Eastview Mall court ruling The timeline for the closure of buybuy Baby is not immediately available, but a spokesperson from Bed Bath & Beyond said this in an email Wednesday: “store closing sales will commence and continue over the next few weeks and months.”
Check back with News 8 on this developing story
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