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Bed Bath & Beyond store locations bought by Burlington Stores

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A Burlington and a Bed Bath & Beyond store.

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Bed Bath & Beyond locations across America will soon be replaced by Burlington Stores outposts and a range of other businesses, after the failed home goods retailer auctioned off its leases as part of its bankruptcy proceedings, court records show. 

The doomed big-box store selected bidders for 109 of its leases after a Monday auction. Off-price giant Burlington agreed to take over 44 of the locations for $12 million, the largest share of the leases, records filed late Tuesday show. 

Burlington secured six more leases for $1.53 million outside the auction process, bringing the total number of locations to 50 for $13.53 million,…



Source cnbc.com

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