Monday, January 3, 2022

[CLOSURE ALERT] Bed Bath & Beyond Is Closing Two Atlanta Area Stores

ToNeTo Atlanta has learned that home goods retailer Bed Bath & Beyond plans to close two Atlanta area stores in the coming weeks.  Liquidation signage is now visible at Bed Bath & Beyond stores in Dunwoody and East Cobb, where all merchandise is being offered at 20 percent off with no coupon needed or being accepted.  Both stores are slated to close no later than February 28.  

Real estate records indicate that the Bed Bath & Beyond Dunwoody (130 Perimeter Center West) opened in 1994 and is about 50,000 square feet. The retailer helps anchor Perimeter Square, a center also home to T.J. Maxx, Haverty's, PetSmart and Total Wine & More, among other tenants.  Bed Bath & Beyond is one of the center's original tenants having outlasted MediaPlay (now Haverty's) and CompUSA (now Total Wine & More).  Bed Bath & Beyond's huge space in Dunwoody allowed it to previously house a "shop in shop" of former sibling retailer Cost Plus World Market.  

Interestingly, according to property records, Perimeter Square is owned by The Kroenke Group. The real estate firm controlled by billionaire Stan Kroenke not only owns millions of square feet of retail space but also owns the LA Rams, Denver Nuggets, Colorado Avalanche and Arsenal F.C., among other holdings.  

Bed Bath & Beyond East Cobb (4475 Roswell Road), is located within the Avenue East Cobb and opened in the center in 1999.  According to real estate records, the East Cobb Bed Bath & Beyond is only 21,007 square feet, making it less than half the size of its Dunwoody sibling.  The closure of Bed Bath & Beyond at The Avenue East Cobb will likely make it easier for North American Properties, who along with JV partner PGIM, plans to "reposition" the 90s era lifestyle center with new retail, dining and a "central lawn."  

Bed Bath & Beyond in 2020 closed 63 stores nationwide including one Atlanta area store at Arbor Place Mall in Douglasville.  

Bed Bath & Beyond has yet to make any formal store closure announcement, but brief research online indicates that the retailer is closing several other stores around the country including those in Meridian, Mississippi, Seattle, Washington, San Angelo, Texas, Spring Valley, New York and Duluth, Minnesota, among others. 

The retailer announced plans in late 2020 to close about 200 stores over the following two years.  

Following the new closures, the Union, New Jersey-based chain will continue to operate more than a dozen locations in greater metro Atlanta including those in Buckhead (Buckhead Station), Cumberland (Akers Mill Square), Atlanta (Edgewood Retail District), Kennesaw (Cobb Place), Alpharetta (North Point Marketcenter), and Duluth (Gwinnett Marketfair), among others.  

Are you surprised by the Atlanta area stores that Bed Bath & Beyond has chosen to close?  Do you plan to shop either store's liquidation sale?  What would you like to see open in place of either soon-to-close store?

Please share your thoughts below.  

11 comments:

Anonymous said...

So disappointed the Dunwoody store is closing. It seems to be always busy. I'm sure the rent is high though. I don't plan to shop the liquidation sale. I don't like the craziness of those sales. I used to shop at the Buckhead location but with all the car breakins I started to just shop at the Dunwoody location.

Anonymous said...

I'm a bit surprised about the Dunwoody closing. If I had to guess what did that location in it was those little old ladies with envelopes stuffed full of the 20% off coupons.

Anonymous said...

For the better part of the past year the Perimeter store has been pretty minimally stocked. While it used to be stuffed floor to ceiling with inventory, lately the top areas have all been covered with cloth and the aisles and lower shelves have been Marie Kondo'd. Disappointed it's closing? Sure. Surprised? Not in the least.

Anonymous said...

A little surprised about the Perimeter store. That store has an upstairs suite where the regional “VP” has his office, and it has been used as the regional training store. My guess is that the rent has gotten too high for them as their business has slowed over the last couple of years.

Anonymous said...

So sad to see the Perimeter location close. Bed Bath and Beyond is one of my favorite retailers because of its lenient return and coupon policies. Gotta love their customer service! Would have liked to have seen the Buckhead one closed instead.

Unknown said...

I felt that store in that area would be more profitable so it is a little surprising that 1 is closing but to my understanding this chain has had some issues within the past couple of years and they need to reinvent themselves because they are not very distinguishable right now and with real estate it's brilliant retail that is the new name of the game with brick and mortar what is the reason for me to leave the comfort of my home to come to your store...not to mentions their prices can be a litte high.

Its on my list of stores...but i rarely buy because of the prices...

Anonymous said...

So sorry it's closing! Always go there for everything they carry. Love their liberal coupon use. Agree that they should have closed Buckhead instead of Dunwoody.

Anonymous said...

BB&B has gone so downhill. Stores are ratty and unkept. Employees scarce.

Quite obvious corporate just cuts costs.

Good riddance.

Anonymous said...

Not disappointed for the closing of BBB in these areas. The stores are overwhelming and have too much junkie merchandise. It feels like an Amazon store on steroids. Would love to see Atlanta step up and have more high end grocery stores or Trader Joe’s. The city does not need bigger junkie retailers. Hoping to see Atlanta lead more and not follow the common plans. Lead consumers to more quality and less oversized everything. Love America but bigger is just gross. Navigating during and post pandemic will take more creative and experiential brains. Good luck Atlanta.

D-Book said...

I guess that will make Target and Walmart happy. Less choice is worse for the consumer.

Anonymous said...

BBB missed the mark with internet sales and turn over at upper management.

Have shopping at BBB and I believe that they wanted to hook you to return with the coupons that were sent out via the mail and newspaper.

Recent visits have found the stores with less stock and selling shampoo and conditioner.
Best of luck to the employees and it will be interesting to see what store takes their spots.

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