Bed Bath & Beyond Inc., a retailer that sells home goods, is vacating a 350,000-square-foot warehouse it operates in South Jersey and laying off 124 employees.
The company, which announced at the beginning of this year that it would shutter 43 stores across its chain, plans to close those South Jersey warehouse operations at 270 Daniels Road in Burlington by Oct. 29, according to a Worker Adjustment and Retraining Notification filed with the New Jersey Department of Labor. Prologis Inc. is the landlord and has plans to double the size of the building.
The South Jersey closure is part of an overall realignment of Bed Bath & Beyond’s distribution operations. The company said in July that it plans to occupy a 1-million-square-foot distribution center in Pennsylvania as part of a $250 million effort to modernize its supply chain.
*Article courtesy of Philadelphia Business Journal
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