Major home goods retail chain throws in the towel on Austin store
Now might be a good time to score a deal on bedspreads and bath towels. Going-out-of-business sales are under way at a Bed Bath & Beyond store in Austin and elsewhere in Texas.
Locally, the days are numbered for the Bed Bath & Beyond store at 9333 Research Blvd. All items are at least 20 percent off (and you don’t need one of the retailer’s omnipresent 20 percent off coupons), store representatives say.
Going-out-of-business sales also are happening at one in Missouri City (5752 State Highway 6) and two in the Fort Worth area at 853 NE Mall Blvd. in Hurst and 7616 Denton Hwy. in Watauga.
USA Today reported recently that these four stores were among 63 across the country set to shut down by the end of 2020. The 63 locations are included in the retailer’s plan to shutter more than 200 stores altogether. Hammered by the rise of e-commerce and the coronavirus pandemic, Bed Bath & Beyond says the closures are necessary to “create a sustainable, durable business.”
After the current round of closures, 20 Bed Bath & Beyond stores will remain in Dallas-Fort Worth, with five left in the Austin area and 11 left in the Houston area.
Earlier this year, the retailer closed five stores in Texas:
- 9600 S. I-35 in Austin
- 2817 W. Expressway 83 in Harlingen
- 2306 State Highway 6 South in Houston
- 700 Meyerland Plaza in Houston
- 6675 State Highway 6 North in Houston
The Bed Bath & Beyond closures are yet another blow to a retail landscape already suffering before the coronavirus crisis hit.
Longtime Fort Worth-based Pier 1 Imports called it quits after having filed for Chapter 11 bankruptcy protection in February. Plano-based JC Penney, Dallas-based Neiman Marcus, and rival luxury retailer Nordstrom have also filed for bankruptcy and/or closed stores throughout Texas this year.