Bed, Bath, and Beyond have announced plans to close more than 40 stores this year and a disappointing 4th quarter in 2018.

Company officials didn't announce what stores would be closing, but news of the latest closings comes just months after the company shut down 15 stores last year.

With some bad news, comes some good news. The company did say they expect to open 15 new "lab" stores that will be smaller and have a much different look.

There are currently 5 stores in the Western New York area.