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01.09.2022 / 02:49

Bed Bath & Beyond to close stores, lay off workers in attempt to reverse losses

FILE - A Bed Bath & Beyond sign hangs outside the store on June 29, 2022 in Miami, Fla. (Joe Raedle/Getty Images)Bed Bath & Beyond said Wednesday that it will shutter stores and lay off workers in a bid to turn around its beleaguered business.The home goods retailer based in Union, New Jersey, said it will close about 150 of its namesakes stores and slash its workforce by 20%.

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