One of NewMarket Square’s original anchor tenants is going to close

The longtime Bed Bath & Beyond store at NewMarket Square at 21st and Maize Road is closing, apparently because it is one of the New Jersey chain’s “lower-producing Bed Bath & Beyond stores.”

No one with the company’s media relations team could immediately be reached for comment, but a store employee confirmed the news.

A date for the last day of business has not been announced yet.

The store employee said the east-side Bed Bath & Beyond at Greenwich Place at K-96 and Greenwich would remain open.

Though the chain is known for its 20% off coupons, those aren’t valid at the NewMarket store currently. Much of the store is 10% off, however.

The chain announced 87 store closures nationally in January, including ones in Lawrence and Manhattan, but this week it announced another 150 closures.

According to a regulatory filing this week, the company said: “Plans for current store fleet optimization program to be expanded to more than 400, including closure of an approximately 150 additional lower-producing Bed Bath & Beyond stores, which builds on closure of approximately 200 Bed Bath & Beyond stores and approximately 50 standalone Harmon stores in the U.S.”

Along with Walmart, Old Navy and Borders Books, Bed Bath & Beyond was one of the original NewMarket anchor tenants when the development opened its first phase in 2001.

Look for more information on the closure as soon as it’s available.

This story was originally published February 7, 2023 at 10:17 AM.