CHARLOTTE — At least one local store will be shuttered as big-box retailer Bed Bath & Beyond trims its footprint.
The store at 3413 Pineville-Matthews Road, in The Arboretum shopping center in Charlotte, was on a list released yesterday of dozens of locations the company has chosen to close.
That’s the only location in the Carolinas on the list so far — but more will be added as Bed Bath & Beyond analyzes the performance of its stores nationwide.
The retailer last month said it would close 150 of its namesake stores as part of a plan to stabilize its financial situation.
It’s also reducing its corporate and supply-chain staff by about 20%.
It presently has 34 Bed Bath & Beyond locations across North Carolina and South Carolina, including several in the greater Charlotte area.
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(WATCH BELOW: Bed Bath & Beyond to close 150 stores)
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