Bed Bath & Beyond is closing 21 percent of its stores over the next two years to focus on its online business. New CEO Mark Tritton, who comes from Target where he was chief merchandising officer, is leading major restructuring to cut costs in order to focus on e-commerce. The company experienced a jump of more than 80 percent in its e-commerce sales during the most recent quarter, providing the chain with its first increase in almost four years. Additionally, the chain added 2 million new customers in the same period, shopping across categories. The sales gains in addition to lower spending on promotions and the use of stores to fill more online orders swung the company to a profit.