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- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
No. of Recommendations: 3
Not the Better Business Bureau, but Bed, Bath & Beyond. They're basically saying they won't ever have a physical presence in California:
https://www.investing.com/news/company-news/bed-ba...MURRAY, Utah - Beyond, Inc. (NYSE:BYON) announced Wednesday that its Bed Bath & Beyond brand will not establish physical retail stores in California, opting instead to serve customers in the state exclusively through its e-commerce platform.
Marcus Lemonis, Executive Chairman of Bed Bath & Beyond, stated that California’s regulatory environment makes it difficult for businesses to operate profitably in the state. The company cited high taxes, fees, wages, and regulations as factors in its decision.
"At Bed Bath & Beyond, our responsibility is to our customers and our shareholders. We will not participate in a system that undermines both," Lemonis said in a press release statement.
The retailer plans to continue serving California customers through BedBathandBeyond.com with 24-48 hour delivery options and same-day service in some areas.In a sane world a guy like Gavin Newsom would have zero political future, but we don't live in a sane world.
No. of Recommendations: 16
Not the Better Business Bureau, but Bed, Bath & Beyond. They're basically saying they won't ever have a physical presence in California:
Is this the same Bed Bath and Beyond that filed for bankruptcy in 2023 and then closed all their brick-and-mortar stores?
I visit California several times a year and they appear to have plenty of thriving businesses. I’m thinking it’s Bed Bath and Beyond’s management that sucks, not California.
…… but we don't live in a sane world.
Indeed. And you prove it every time you post.
No. of Recommendations: 4
Is this the same Bed Bath and Beyond that filed for bankruptcy in 2023 and then closed all their brick-and-mortar stores?
The same.
I visit California several times a year and they appear to have plenty of thriving businesses. I’m thinking it’s Bed Bath and Beyond’s management that sucks, not California.
Maybe, maybe not.
Indeed. And you prove it every time you post.
Bitter and old are no way to end up, homie. Perhaps some scented candles will help you out.
No. of Recommendations: 19
Marcus Lemonis, Executive Chairman of Bed Bath & Beyond, stated that California’s regulatory environment makes it difficult for businesses to operate profitably in the state. The company cited high taxes, fees, wages, and regulations as factors in its decision.
Completely understandable.
I must forward his wisdom to the CEOs of Target, WalMart, Home Depot, Lowes, Starbucks, Ralphs, McDonald’s, Costco, CVS, Albertson’s, Apple, Macy’s, Petco, Dollar Tree, Ross Stores, Gap, Macy’s, Trader Joe’s, Safeway, Williams Sonoma, Old Navy, Ace Hardware, Guess, Lowe’s, Harbor Freight, Guitar Center, Restortion Hardware, Rally’s Pottery Barn, Joseph A Bank, Lulemon, Sleep Number, and all the other 100,000 and more retail outlets across California.
I’m sure they're unaware of his insight, and will immediately cease operations in the state.
The only other possible explanation, almost too absurd to mention, is that he lacks imagination, his brand is sullied, his prices are too high, consumers don’t want his product mix, and that he is hiding the Epstein list in one of the stores and people are afraid they will get STDs if they happen upon it by chance.
No. of Recommendations: 5
Not the Better Business Bureau, but Bed, Bath & Beyond. They're basically saying they won't ever have a physical presence in California:
Bed, Bath and Beyond is closing stores everywhere. They closed their store in Ann Arbor 2 years ago.
It's been at least 5 years since I bought anything from Bed Bath and Beyond. Their prices were too high. Every now and then, I’d find something I couldn’t find elsewhere, but Linens n Things had better prices and a decent selection.
The question to ask is “Why did people shop less and less at Bed, Bath and Beyond?”
No. of Recommendations: 3
Yep. Columbus, IN hasn't had a BB&B store for about that long. It must be because of all those liberals like Mike Pence that live in Indiana.
No. of Recommendations: 5
Bitter and old are no way to end up, homie. Perhaps some scented candles will help you out.
Not bitter, but blessed.
Old? Can’t argue with that. Beats the alternative, though.
I prefer the scents of flowers when I do yard work. It’s transcendental and invigorating.
No. of Recommendations: 3
Early impact (Pre-bankruptcy)
~Increased Costs: In 2018, tariffs imposed on goods imported from China caused Bed Bath & Beyond to slash its sales forecasts.
~Reduced Profitability: The increased costs from tariffs squeezed profit margins for the company and forced difficult decisions regarding
pricing or absorbing the higher costs.
~Supply Chain Disruption: Bed Bath & Beyond, like many retailers, had to consider finding alternative suppliers to mitigate tariff impacts, according to Crain's New York Business.
Hey? Dopester! They must be MAGA, cause they blame CA for the tariff mess they are in. 😛
No. of Recommendations: 3
They must be MAGA, cause they blame CA for the tariff mess they are in. 😛
Love it. Defending CA's regulatory and business environments...that's something I want all of you to do :).
As loudly and as much as possible.
No. of Recommendations: 5
Bitter and old are no way to end up, homie.
Someone tell Trump...
No. of Recommendations: 3
Dope: Bitter and old are no way to end up, homie. Perhaps some scented candles will help you out.
Well, I hope you have an SO, but if ya don't - friends that come by.
No. of Recommendations: 1
the same Bed Bath and Beyond that filed for bankruptcy in 2023
No. BB&B went out of business. Assets sold--the business name was purchased by Wayfair. There is zero relationship between the previous and current BB&B other than name.
No. of Recommendations: 3
Bitter and old are no way to end up, homie. ~Dope
Name-calling never improves an argument and often signals deeper communication problems that need addressing.
