Local

McHenry Bed, Bath and Beyond to close

Bed, Bath and Beyond, 3340 Shoppers Drive in McHenry is seen Friday. The location is set to close. A timeline hasn't been announced.
Bed, Bath and Beyond, 3340 Shoppers Drive in McHenry is seen Friday. The location is set to close. A timeline hasn't been announced.

McHenry’s Bed, Bath and Beyond location will be one of the 60 stores set to close around the nation.

Bed, Bath and Beyond Inc. told investors in October that it planned to shutter 60 locations, including 40 Bed, Bath and Beyond stores and 20 “concept” stores in fiscal 2019. McHenry’s store is located at 3340 Shoppers Drive, in the Shops at Fox River complex on the Johnsburg border.

Bed, Bath and Beyond has occupied its 23,400-square-foot unit since November 2007, said Doug Martin, McHenry’s Economic Development Director.

“They are closing underperforming stores like other retailers do,” Martin said. “Typically, they don’t leave on a whim. It’s declining sales over a period of time.”

Martin said the city is working to attract another tenant to the space.

“We have been in contact with the broker and we tried to work through the broker and with Bed, Bath and Beyond to try to keep them there, but it wasn’t possible,” Martin said. “We have contact with [the] broker and are working with them to get a tenant in the center.”

Employees at the store Friday said that corporate officials haven’t given them a timeline for when the location will close. Martin also didn’t know the closure date.

There are seven other vacant units in the shopping complex. McHenry’s Best Buy left its space in 2017. Party City has also exited the complex, Martin said.

“Obviously [filling the spaces] is a top priority for us,” Martin said.

New York-based Times Equities Inc. owns the plaza. The company bought the 340,849-square-foot complex for $32 million in 2018.

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