I shopped at the store a couple of times about a decade ago. My gut feeling was that it used up a lot of floor space, but simply didn’t have the week/monthly revenue to really pay for rent (they always selected high trendy places). Stock-wise, it bounced around from $15 to $25 for a long time....then hit some era (2010) where it was $40 to $60 for six years. Then it hit the 2017 point, where it was dropping every month. Whole thing is undervalued, and ought to be up for sale for a quarter of its value from five years ago.
Well, I LIKE BB&B quite a lot. I enjoy their selection of quality towels. I can easily find small appliances that I have purchased. The layout has worked well.
I am not happy with their dropping My Pillow. Not at all.
My shopping there hasn’t kept them in business and my lack of purchases is not going to hurt them. But I hope they can repent of their misdeeds and regain their business footing.
I like ‘em!
So.....could it be a money laundering enterprise where um, some of the more unseemly elements of this world have undocumented investments, time, coordination and trouble invested? Maybe a CFO skimming, tryna ‘get out?’
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.