Is Bed Bath & Beyond in Flint Closing Its Doors for Good?

Genesee County residents are starting to wonder if Bed Bath & Beyond on Miller Road in Flint will remain open after the company's recent struggles.

Back in September, the company announced it was planning to lay off 20% of its workforce. If you remember, after announcing their turnaround plans, Chief Financial Officer Gustavo Arnal died by suicide.

Adding fuel to the already out-of-control fire, Thursday the company announced it doesn’t have enough cash to pay down its debts and it has defaulted on its credit line with JPMorgan, warning once again of a potential bankruptcy.

When the company announced the plan to lay off 20% of its workforce last year, it was also announced that these Michigan stores would be closing.

• Chesterfield: 50551 Waterside Drive
• Farmington Hills: 31075 Orchard Lake Road
• Northville Township: 17223 Haggerty Road
• Walker: 3410 Alpine Ave. NW
• White Lake Township: 9050 Highland Road

Just a few weeks ago, they added even more Michigan stores to that list.

The stores set to close include:

• Ann Arbor: 3645 Washtenaw Ave.
• Auburn Hills: 4780 Baldwin Road
• Brighton: 8467 W. Grand River
• Lansing: 5845 W. Saginaw Highway
• Muskegon: 5540 Harvey St.

Things are not looking good for Bed Bath & Beyond.

Is Bed Bath & Beyond in Flint Closing?

As of this very moment, no. However, with the issues the company is facing, it's only a matter of time. I have a feeling that announcement will be coming soon.

I'm surprised the Flint store didn't close years ago. Every time I walk in there, it looks like they're going out of business.

The last thing Flint needs is another business closing its doors for good.