Kirkland's has not yet announced which locations it intends to close, but it has set some criteria. On Wednesday, the retailer announced it would close or improve 6% of its 317 store locations ...

Nashville, Tenn.-based Kirkland's said about 6% of its stores do not meet its profitability standards. The company is closing some of those locations and converting others to different brands.

Amy Sullivan, Kirkland’s CEO, said in the release that plans are underway for the company’s first Bed Bath & Beyond store, to open later this year. The release does not note a location.