Bed Bath & Beyond will not close its headquarters in Chelsea.
A home goods retailer filed a notice with the Ministry of Labor on October 9 announcing the dismissal of 113 employees. 620 6. avenue and that the deal will close permanently in January. But he said Bed Bath & Beyond The real solution Friday, it won’t close the location.
Instead, the store closes due to renovations and becomes the retailer’s flagship.
Bed Bath & Beyond announced in July that it was close 200 stores from 955 places in the next two years. The fate of the business on Sixth Avenue was not specified at that time.
The company stated a productive second quarter, with net income rising to nearly $ 218 million from a loss of about $ 139 million in the same period a year ago.
“Our brick-and-mortar stores are a strategic asset to us,” CEO Mark Tritton said in a call to investors earlier this month.