Posted on 08/31/2022 9:03:39 AM PDT by DallasBiff
Local News Bed Bath & Beyond closing 150 stores, laying off 20% of staff boston
Updated on: August 31, 2022 / 10:25 AM / CBS/CNN
Bed Bath & Beyond announced Wednesday it plans to close dozens of stores and lay off 20% of staff.
"The Company has identified and commenced the closure of approximately 150 lower-producing Bed Bath & Beyond banner stores," Bed Bath & Beyond stated in a news release.
A list of stores that will be closing was not immediately released. Bed Bath & Beyond has 20 locations in Massachusetts and eight in New Hampshire, according to its website. WBZ-TV has reached out to the company to see if any local stores will be closing.
The company says sales are down 26% for the second quarter of the fiscal 2022 year compared to 2021.
(Excerpt) Read more at cbsnews.com ...
And it appears that they were cancelled right back.
they’ll be indoctrinated and sent to the IRS. At least the auditors will smell nice.
Thank goodness we are not in a recession. There would be store closings and layoffs....
Dang - we’ve got a couple BB&B gift cards, got to send the wife out for new bath towels, (and whatever frilly things with bows that girls like to buy....)
Unemployment is coming. Not a damn, lazy ass government employee that caused this economic disaster will lose his job.
No regerts.
That’s a shame.
Go Woke, Go Broke.
Nothing to see here. This is not a recession. Dear leader FJB says, so it must be true.
Go woke go broke, karma payback for My pillow.
Foolish CEO’s don’t understand Reap What You Sow.
I still miss Linens and Things.
Hey dumbasses, you should have kept out of politics.
I quit going there after the political hit job on My Pillow
They were the first to cancel Mike Lindell and l have refused to go in one. Walmart just did the same thing. I wrote the fool who did and did not even receive a form letter response.
Same here. Apparently we're not alone.
Bed Bath Bankruptcy & Beyond
Biden got this!
Training your customers to never buy anything unless they have a 20% off coupon is probably a suboptimal retailing strategy.
Walmart doesn’t sell Mike Lindell’s products anymore?? Does ANY retail store sell them?
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