US EditionBed Bath & Beyond executive says company won't open any California stores
Bed Bath & Beyond's executive chairman cited high taxes, wages, and regulations as reasons for avoiding physical stores in California, opting for e-commerce to serve 39 million residents.
- Bed Bath & Beyond, once a dominant home goods retailer, filed for bankruptcy in April 2023 after years of declining sales and mounting debt.
- The company's executive chairman, Marcus Lemonis, stated that California has created an overregulated, expensive, and risky environment for businesses, making it harder to employ people and deliver value to customers.
- Bed Bath & Beyond plans to open stores in almost every other state but will serve California customers directly through its website, BedBathandBeyond.com.
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Bed Bath & Beyond announced that it will not open or operate stores in California, due to difficulties in operating in the state. Executive President Marcus Lemonis criticized the business environment of the Golden State, said current conditions make it unworkable to maintain the model of physical premises and left online shopping as an alternative.Bed Bath & Beyond will operate in California only through its online storeIn a press release relea…
Bed Bath & Beyond Pulls Out of California - Valuetainment
Bed Bath & Beyond is officially pulling out of California, and the state’s overregulation is the reason why. Marcus Lemonis, Executive Chairman, explains why the company won’t open retail stores in the state, citing sky-high costs, endless regulations, and a system that crushes businesses. Gavin Newsom’s shocking response? “FUCK YOU, BYE.” 🎫 THE VAULT 2025 […] The post Bed Bath & Beyond Pulls Out of California first appeared on Valuetainment.
Bed Bath & Beyond Boss CALLS OUT Gavin Newsom for WRECKING business
Bed, Bath, & Beyond Executive Chairman Marcus Lemonis sparked a firestorm in Gavin Newsom's Press Office yesterday when he announced that Bed Bath & Beyond, which is coming back from bankruptcy, would NOT be opening locations in the state of California due to the high costs of doing business in the state. Gavin Newsom launched an attack on Lemonis, but he joined Glenn to share that he's not backing down, and many CEO's in the industry may be on …
Gavin Newsom’s Imbecilic Response to Bed Bath and Beyond News Prompts Smackdown From Executive Chairman
(Red State)—RedState reported on Wednesday about the announcement from Bed Bath and Beyond executive chairman Marcus Lemonis that his company had no plans to open locations in California. “We will not open or operate retail stores in California,” Lemonis wrote. In addition to pointing out that the decision wasn’t “about politics,” Lemonis went on to note that “California has created one of the most overregulated, expensive, and risky environment…
Newsom, Mahan react after Bed, Bath & Beyond CEO shades CA, saying they won't reopen in state
"We wish them well in their efforts to become relevant again as they try to open a 2nd store," Gov. Newsom's office wrote on X. Bed, Bath & Beyond stores are slated to reopen across the country two years after filing for bankruptcy, except in California.
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