Bed Bath & Beyond is closing around 150 stores as it tries to cut costs due to slumping sales.
Around 20% of corporate and supply chain staff will be cut. The company laid off staff and closed stores to cut costs.
Bed Bath & Beyond said in preliminary earning results that sales had fallen in the second quarter.
The city's medical examiner said that the CFO died by suicide just days after the announcement.
Sources told The Wall Street Journal that the company's CEO and several board members agreed that the company's founder had been overwhelmed.
Shortly before his death, Bed Bath & Beyond, JP Morgan, and Ryan Cohen were named in a class-action lawsuit accusing them of securities fraud.
Laura Crossen has been appointed as interim CFO. The CEO was replaced in June after the chain reported poor sales.
The stores that are closing are in 21 states and Puerto Rico. In California and Illinois there are six and eight people, respectively. Some are in freestanding stores while others are in the mall.
The full list has been published so far.
North Valley Parkway is located in Phoenix.
Santa Cruz is located at 5225 South Calle.
The address is East Magnolia Blvd.
The center mall is in the city of Lakewood.
2603 Larkspur Landing Circle is in the city of Larkspur.
The marina is at 97 General Stilwell Drive.
9th Street West is located in Palmdale.
The address is 1140 Hilltop Drive.
The office is located at 15555 East 14th Street.
The Mission Gorge Road is in Santee.
Ridgeway shopping center is on Summer Street.
The address is 850HARTFORD TWP.
There is a store at 112 Towne Center Blvd.
Sunrise Blvd. is located in Anchor C.
The Presidential Market Center is located in Snellville.
The address is 2623 Peachtree Pkwy.
The NWarterial is in the city of Dubuque.
Flammang Drive is located in Waterloo.
Bourbonnais is on the north side of State Route 50.
The University Mall is in the city of Carbondale.
The center is located on the north side of Illinois.
The Gurnee Mills Mall is located at 6132 Grand Ave.
The address is 2850 Plainfield Road.
East Golf Road is in Schaumburg.
The city of Bossier has 2900 Meadow Creek Drive.
Suite 1 is on 8B Allstate Road.
The address is 230 Fortune Blvd.
Seekonk is on Highland Avenue.
The address is 50552 Waterside Drive.
There is a road called "Orchard Lake Road."
The retail center in Northville is 17223 Haggerty Rd.
Green Ridge Square is located on Alpine Avenue NW.
White Lake Twp is located on Highland Road.
The address is 3959 Second Street South.
The Arboretum is located at 3413 Pineville-Matthews Rd.
The office is on International Drive, Suite 1.
Manalapan is on Route 9 south.
The address is 34 E Ridgewood Ave.
The location is 195 Los Altos Pkwy.
The address is 251 Airport Plaza Blvd.
Suite 3, 10940 is located on Route 21 East.
There is a mountain. The address is 500 East Sandford Blvd.
The address is 4805 Commercial Drive.
Centre Drive is located in Plattsburgh.
The address is 3681 Stone Creek Blvd.
The Bridgewater Falls is located at 3451 Princeton Road.
The address is 10027) Fremont pike.
The unit is 4020 Milan Road.
The address is 2780 SW Cedar Hills Blvd.
The address is 70 E.ynnewood Blvd.
The Plaza Del Sol is located on West Main Avenue.
The Central Mall is located in Port Arthur.
Suite A is located at 3201 Lawrence Road.
Christiansburg is on Shoppers Way NW.
The Fort Evans Road address is .
The 5830 Lakewood Towne Center Blvd is in the S.W.
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