Posted on 01/05/2023 1:43:07 PM PST by dynachrome
Bed Bath & Beyond is considering declaring bankruptcy as the New Jersey-based retailer looks for ways to pare its debt.
The home goods seller said in a news release that "there is substantial doubt about the company's ability to continue as a going concern" and that it is exploring a range of strategic alternatives, including selling assets, seeking additional capital or seeking bankruptcy protection.
Shares of Bed Bath & Beyond, which jumped in 2021 as traders embraced the so-called meme stock, fell more than 20% in early trade. The company said it expects a net loss of $385.8 million in its fiscal third quarter.
(Excerpt) Read more at msn.com ...
Maybe they should sell MYPILLOWS again? Go woke, go broke. Oh well.
Bed Bath and Bankruptcy
I know it’s not the reason for going out of business but I haven’t been back since they removed My Pillow. Idiots. Who they think goes to their stores in OK and AR.
Not at all a surprise. Their stores are a chaotic mess, dirty and disorganized, the staff generally knows nothing about the products and is a little on the stressed and hostile side, and they really don’t have a very good range of products. You can get better at Target or even Walmart (and they’re all made in China anyway).
I stopped going to the Bed Bath and Beyond near me because it was a depressing experience. And this was even before the shutdown and shoplifting (basically unarmed looting) emptied the shelves.
I did used to buy a lot of other things at BB&B. Used to.
23. The year it all came tumblin down.
Where am I going to buy my time-travel remote controls now?
They effed up by going woke. It’s not a store people go to often and have a strong affinity for. I haven’t gone to one since they dropped MyPillows, and I really don’t care much for Mike Lindell. He’s a nice enough fellow, but not the sharpest tool in the shed.
I guess they shouldn’t have insulted their base customers — you know, white married heterosexuals who have kids and a house with a couple of beds, baths, and beyonds.
Pandering to BLM and trannies and insulting Republicans must seem pretty stupid about now.
I’ve avoided them like the plague since their My Pillow announcement.
Seems like the My Pillow guy is doing well without them and the other woke-tards that dropped his products.
My experience at two of the BBB stores in San Antonio that the First Mate and I visit when we drive in to the city are exactly the opposite of the experience you have had. The BBB we typically visit on SA north side is clean and well stocked usually. They could use a few more staff but the folks that they have are polite and helpful.
Made me laugh! That was good.
After Bed Bath and Beyond goes.There's a guy who sells cassette player head cleaner sets including the little q-tips. Since Radio Shack those are hard to find. I just about wore out the ball tipped phone dialer pen looking for a dealer.
“ Where am I going to buy my time-travel remote controls now?”
Amazon? There are a couple of used ones on e-bay. Apparently when you use them you go to the 6th century but the remote stays where it is. Big oopsie.
and they let the republicans have the house so they could blame them.
“things were going great until the republicans got control”
I can see the tweet from any democrat now...
I really miss Radio Shack.
While there are a few left, none near me.
I miss Fry’s
I wish there were a Microcenter near me.
I needed a couple random 1w resistors and not find anyone who might sell them except online.
There are not even any TV repair people. There were a bunch listed but all disconnected, once I needed a common 6l6 tube, oh not a chance
it’s kind of like a Big Lots for comforters now anyhow.
I’m not surprised but I do not believe this is over Mike Lindell.
” I just about wore out the ball tipped phone dialer pen looking for a dealer.”
I can figure out what era you’re from. Can you still dance The Mashed Potato?
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