Bed Bath & Beyond will be eliminating 880 department and assistant store manager positions at nearly half of its stores across the U.S., the company said last week.
The changes will save the company $16 million and accelerate store growth for the big-box chain, according to a statement.
The changes could affect the 18 Bed Bath & Beyond locations in Connecticut. The home-goods chain includes stores in these Fairfield County towns: Brookfield, Danbury, Fairfield, Norwalk, Shelton and Stamford.
“The actions taken today to accelerate the realignment of our store management will allow us to better support our customer-focused initiatives as well as support our omnichannel growth," the company’s CEO Steven Temares said in a statement.
The company said no other job cuts are planned with the realignment.
During a conference call with analysts in June, Temares left the door open to store closures. About 80 to 100 store leases will be coming up for renewal in the near future.
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