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Bed Bath & Beyond CFO, 52, is identified as man who jumped to his death from 18th floor of NYC's 'Jenga' tower - two days after firm announced plans to lay off 20% of staff and close 150 stores
Daily Mail ^ | 9/04/22 | Stephen M. Lepore

Posted on 09/04/2022 4:24:37 AM PDT by Libloather

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To: yldstrk

Yes, I even wrote the company complaining about them dropping My Pillow and said I was dropping THEM.


101 posted on 09/04/2022 7:11:41 AM PDT by KittyKares
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To: newzjunkey

You sound insane.


102 posted on 09/04/2022 7:13:28 AM PDT by TreasonObserver
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To: yldstrk

My Pillows will be a classic business school study in success and failure

The constant and unrelenting advertising resulted in lots of sales up to the point where the pillow market was saturated. There cannot and will not be sales when the mail order market is saturated. Realizing that fact, the company then selected other products to hawk in the television commercials.

The sheets and towels and later shoes were priced to high and did not sell. In an era where conservative nationalist customers are intent on Buying America, an attempt was made to sell foreign Cotten. So the gambit failed and to get rid of the inventory, all items were advertised at fantastic markdowns. That process revealed the fact that the sheets and towels were outrageously overpriced from the outset.

Now, within the last week or so, the man is hawking coffee, My Coffee. When revenue required to support a failing company is studied, failure in this gambit is certain. The Unit price for what is in fact a commodity is low and the likelihood for generating the required volume from sales of what amounts to a commodity is unlikely.

When studied in the business school, an avenue of success, very profitable success, will be postulated. At the point where My Pillow market saturation was determined with certainty, the business should have been closed. The revenue generated from investing the immense My Pillow profits was greater than attempting to resell purchased goods at an outrageous markup


103 posted on 09/04/2022 7:14:44 AM PDT by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day)
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To: Libloather

Been going through struggles of late due to high inflation and a sagging economy.

Biden outs another chalk mark on his board.


104 posted on 09/04/2022 7:25:14 AM PDT by Vaduz ( )
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To: EEGator; Lonesome in Massachussets

Same but Ford F250


105 posted on 09/04/2022 7:34:47 AM PDT by Deplorable American1776 (Defund the FBI, the American Stasi..)
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To: Libloather

Sounds like what happened in the 20’s with the market crash. Guess he knew something was about to happen. 😳


106 posted on 09/04/2022 7:35:38 AM PDT by 9422WMR (45 1. Lie, cheat, steal. It’s how the democRATS operate. )
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To: 9422WMR

For those of you here that are knowledgeable of the stock market how does one manipulate stocks of a company???


107 posted on 09/04/2022 7:38:21 AM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Libloather

I think cancelling My Pillow got ‘em. These woke CEOs — yeah, I know the dead dude is the CFO — really should make sure their businesses aren’t easily boycotted before pulling stunts like that.


108 posted on 09/04/2022 7:40:56 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: WeaslesRippedMyFlesh
Now that's bad....

Funny, but bad...

109 posted on 09/04/2022 7:42:37 AM PDT by Deplorable American1776 (Defund the FBI, the American Stasi..)
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To: Libloather
I think the covid got him.
More likely the monkey pox...
110 posted on 09/04/2022 7:45:55 AM PDT by Aut Pax Aut Bellum (What did Socialists use before candles? Electricity)
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To: Daffynition

I wouldn’t want to. If I was going to spend 50 million on a living space, it wouldn’t be in NYC - or any city, it would be with 2000 acres in flyover country...


111 posted on 09/04/2022 7:48:33 AM PDT by Deplorable American1776 (Defund the FBI, the American Stasi..)
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To: Libloather

He may have had dirt on the Clinton’s.


112 posted on 09/04/2022 7:56:16 AM PDT by wjcsux (RIP Rush Limbaugh 12 Jan 1951- 17 Feb 2021. We really miss you. 😢)
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To: All

There has to be A LOT more than that. I mean, that doesn’t really affect him. At the worse case, he gets fired. There has to be a lot more..


113 posted on 09/04/2022 7:59:59 AM PDT by cdnerds (Vapingunderground)
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To: pepsionice

It had a discount store vibe, but it’s products were high priced. Good quality but there was no discounting. That was going on before covid....bb and b..dying WITH covid. It didn’t help to be a lib. based organization.

Having to hire peripatetic outside talent indicative of the company losing its’ successful financial ways. Suicidee might have had undiagnosed depression.


114 posted on 09/04/2022 8:15:59 AM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: Mark17

“Isn’t the “My Pillows” thing, what caused them problems, to begin with? “

Not entirely but the slow sells of MyPillow were part of the decline.


115 posted on 09/04/2022 8:21:21 AM PDT by TexasGator
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To: zeestephen

They saw an opportunity to use a nascent technological bioengineering product and apply it to vaccines. They probably wanted to create AND corner a market.

Someone in their genetics and biochemistry wings overlooked the complexity of endogenous genetic machinery and cellular biology.


116 posted on 09/04/2022 8:24:45 AM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: Deplorable American1776

That’s more gas than us two combined! :)

You must be one of those Ultra MAGA extremists...


117 posted on 09/04/2022 8:37:50 AM PDT by EEGator
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To: bert

Same with the slippers. Regular price $139, like anyone would ever pay that for slippers, $89 was supposed to be a bargain price. Last I’ve seen they were down to $49. Still high for slippers as much as I wanted the “pink” moccasin ones, I have resisted!


118 posted on 09/04/2022 9:17:09 AM PDT by tina07 (In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85 )
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To: EEGator

That’s what you call a permanent solution to a temporary situation...


119 posted on 09/04/2022 9:17:15 AM PDT by Beave Meister (Leave the gun. Take the cannoli....)
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

P


120 posted on 09/04/2022 9:24:16 AM PDT by bitt ( <img src=' 'width=50%> )
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