After seeing mixed results in its fourth quarter, Bed Bath & Beyond will be opening new stores as well as closing others.
Home goods superstore Bed Bath and Beyond plans to close at least 40 stores this year.
Whether any of the company's nine Iowa locations will be among those closing is unknown. Bed and Beyond has not released a list of locations it plans to shutter.
Contacted by the Des Moines Register on Friday, the managers at the Clive and West Des Moines stores said they could not comment on the announcement. A corporate Bed and Beyond spokeswoman didn't immediately return a call seeking comment.
According to its website, Bed Bath and Beyond operates 1,024 stores across North America, including locations in Cedar Rapids, Coralville, Council Bluffs, Davenport, Dubuque, Sioux City and Waterloo.
On a call with financial analysts this week, Bed Bath and Beyond CFO and Treasurer Robyn Eella said the company would close "a minimum of" 40 stores , USA Today reported. The company also planned to open another 15 new stores in the next year.
Based in New Jersey, the company also runs Buy Buy Baby, Harmon Face Values and World Market.
USA Today also reported that 2019 will likely be another tough year for brick-and-mortar stores. According to marketing research firm Coresight Research, more than 6,500 stores will close this year.
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