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Posted on 08/20/2025 2:14:32 PM PDT by MinorityRepublican
Bed Bath & Beyond on Wednesday said it will not open stores or operate in California as it issued a scathing rebuke of the state’s intense lefty policies.
Marcus Lemonis, executive chairman of Bed Bath & Beyond, said the decision “isn’t about politics – it’s about reality.”
“California has created one of the most overregulated, expensive and risky environments for businesses in America,” he said in a press release.
“The result? Higher taxes, higher fees, higher wages that many businesses simply cannot sustain, and endless regulations that strangle growth.”
The beleaguered chain has launched a return to retail after filing for bankruptcy and closing hundreds of stores just two years ago.
It cited a commitment to shareholders and “common sense” business practices as its reasoning for offering only e-commerce and delivery services in California.
Lemonis argued that California’s strict regulations would force Bed Bath & Beyond to inflate prices in brick-and-mortar stores and make it impossible for them to guarantee long-term employment.
In particular, he took aim at intense worker protections like California’s minimum wage hike – as high as $20 for the fast-food industry – arguing that businesses can’t handle the costs.
A spokesperson for California Gov. Gavin Newsom clapped back: “Like most Americans, we thought Bed Bath & Beyond no longer existed.”
(Excerpt) Read more at nypost.com ...
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wonder what would happen if they changed their name to “bed bath and bong”...
The one near me here in Maine closed a long time ago.
Big Lots reopened a store or two (under new ownership?) I haven’t seen any Bed Bath and Beyond yet.
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