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More than 800 stores are closing across the US in 2023. Here’s the full list.

  • More than a dozen major retailers are expected to close at least 800 US stores in 2023.
  • Macy’s, Walmart, and Big Lots are among the chains shutting down stores.
  • Bed Bath & Beyond is planning to close 416 locations — the most of any retailers on the list.

It’s not quite the retail apocalypse of prior years, but it’s a shakeup nonetheless.

An Insider tally of announcements by major retailers in 2023 finds at least 803 stores set to close during the year across the US.

The rationales are varied: some companies are navigating bankruptcy proceedings, while others say they are aiming to cut costs.

Leading the list is housewares giant Bed Bath & Beyond, which once owned more than 1,500 stores across three brands, but is now aiming to end the year with just 480 locations across two brands.

See the full list:

Bed Bath & Beyond: 416 stores

Empty sheet aisles in Bed Bath and Beyond
Ben Tobin

416 Bed Bath & Beyond-owned stores in the US have been identified as set to close amid  ongoing financial turmoil. (It has also filed to shutter all of its 65 stores in Canada.) The company, which had 953 North American stores just over a year ago, says it is aiming for a final count of 360 flagship stores and 120 Buybuy Baby locations.

 

Tuesday Morning: 265 stores

Tuesday Morning
Xinhua News Agency / Contributor/Getty Images

The Dallas-based home goods company is shuttering more than half of its stores as it reorganizes amid bankruptcy proceedings…

READ FULL ARTICLE HERE… (businessinsider.com)

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