Bed Bath & Beyond takes a shot at California
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Bed Bath & Beyond Executive Chairman Marcus Lemonis implied that Gov. Gavin Newsom’s social media strategy is shutting out “investment and capital” into California. “I would think a governor would want to attract investment and capital into the state.
California Gov. Gavin Newsom’s (D) office on Wednesday knocked Bed, Bath & Beyond after the company announced it won’t open any new retail stores in the Golden State. “After their
Bed Bath & Beyond is making a comeback —but not in California. Executive Chairman Marcus Lemonis announced on Aug. 20 that the company will not reopen any state brick-and-mortar stores, opting to serve its 39 million residents solely through delivery.
13hon MSN
Gavin Newsom Trades Barbs with Bed Bath & Beyond CEO After California Is Snubbed in Reopening Plans
The California governor candidly shared his thoughts on the home goods retailer explicitly stating that the state is not in its brick-and-mortar plans for its return, after filing for bankruptcy in 2023 and shuttering all of its locations.
California Gov. Gavin Newsom mocked ex-House speaker Kevin McCarthy (R-Calif.) on Thursday for bringing up Bed Bath & Beyond while attacking Democrats ’ congressional redistricting plan for their state, a counteroffensive against Texas Republicans ’ Trump-approved gerrymandering.
"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,
Bed Bath & Beyond is back from the dead—sort of. The company, which went bankrupt back in 2023, opened a single store in Nashville last week, and shoppers can even cash in their long-forgotten coupons. But don’t expect a full scale comeback just yet. ( Fast Company)
The CEO of the retailer Bed Bath & Beyond issued a stinging rebuke of California and said he won’t be expanding to the Golden State thanks to Democrat-imposed regulatory burdens. “We will not open or operate retail stores in California,” began a statement from Marcus Lemonis.