However, Bath and Beyond will close 6 stores in Illinois under restructuring
Six stores in Illinois are among the struggling home goods retailer Bed Bath & Beyond that is set to close nationwide.
Illinois stores in Gurnee, Schaumburg, Fairview Heights, Carbondale, Bourbonnais and Joliet are scheduled to close.
The company said in August it would close about 150 stores and reduce its workforce by 20 percent. It has not shared information about which stores will be closing at the time, but has since posted a list of 56 stores scheduled to close on its website.
The retailer has 26 locations in Illinois, according to its online store locator, including one in Chicago. The company said in May it had a total of 955 stores including 769 namesake locations, 135 Buy Buy Baby stores, and 51 stores under the Harmon, Harmon Face Values or Face Values names.
Shares of the New Jersey retailer lost nearly a quarter of their value upon the August announcement, and the company said it expects comparable sales to decline 26% in the second quarter.
Chief Operating Officer John Hartmann is leaving and the company rescinding his position. In August, the company said it was still looking for a permanent CEO.
In mid-August, billionaire Ryan Cohen, co-founder of Chewy Inc, sold his entire stake in Bed Bath & Beyond, which he had bought just months earlier.