XPost: alt.business, talk.politics.guns, alt.fan.rush-limbaugh
XPost: sac.politics, alt.politics.republicans
OS ANGELES – Bed Bath & Beyond announced that its comeback will not
include locations in the largest state in the nation.
Marcus Lemonis, Bed Bath & Beyond Executive Chairman said in a statement
issued Aug. 20 that the company will not open a brick-and-mortar
location in California. Lemonis said that the state, home to over 39
million people, will be served solely through delivery.
"We’re taking a stand because it’s time for common sense," the statement reads. "Businesses deserve the chance to succeed. Employees deserve jobs
that last. And customers deserve fair prices. California’s system
delivers the opposite."
The company is attempting to make a comeback after filing for bankruptcy
and closing all its stores in 2023. It reopened its first Bed Bath &
Beyond Home near Nashville on Aug. 8.
"After their bankruptcy and closure of every store, like most Americans,
we thought Bed, Bath & Beyond no longer existed," California Gov. Gavin Newsom's press office said in response to the announcement on X. "We
wish them well in their efforts to become relevant again as they try to
open a 2nd store."
Lemonis replied to a post from the governor's personal X account
proposing pro-business reforms for the state.
"We will target opening 300 small to midsize neighborhood stores thru
our Kirklands investment," Lemonsis wrote. "You are a smart man and I
know the post below is out of frustration."
California critic claims Bed Bath & Beyond decision 'isn’t about politics'
In the statement, Lemonis claimed that the decision "isn't about
politics." However, the statement repeatedly attacked regulatory
policies passed in the state.
https://www.yahoo.com/news/articles/gov-newsom-reacts-bed-bath-232617492.html
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