Bed Bath & Beyond bashes California
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Well, Newsom's latest target is the retail chain Bed Bath & Beyond, which is officially making a comeback after filing for bankruptcy and closing all 360 stores in 2023. The retail chain's executive chairman, Marcus Lemonis, recently announced that the franchise will not open any new stores in the state of California.
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Mediaite on MSNBed Bath and Beyond Executive Tells Newsmax He Wants Gavin Newsom ‘Out of Office’: ‘Somebody’s Gotta Say Something’
Bed Bath and Beyond executive chairman Marcus Lemonis told Newsmax on Wednesday he would "love to see Gavin Newsom out of office."
Marcus Lemonis says Bed Bath & Beyond will avoid California retail operations due to expensive regulations, instead offering online delivery within 24-48 hours.
Beyond ( NYSE: BYON) CEO Marcus Lemonis is steering clear of California, calling out the state’s overregulation, high taxes, and risky business environment for his decision to not open or operate Bed Bath & Beyond retail stores in the state.