Bed Bath & Beyond is closing 87 more stores.
- The announcement comes just days after the home goods chain said it had defaulted on its loans.
- The company also plans to close five buybuy BABY stores as well as all of its Harmon beauty locations.
- Bed Bath & Beyond said the closures are happening to increase efficiency as the company works with advisors to “consider multiple paths” to try to turn the business around.
- Impacted store locations were not immediately available.