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.

Marcus Lemonis says Bed Bath & Beyond will avoid California retail operations due to expensive regulations, instead offering online delivery within 24-48 hours.

California Gov. Gavin Newsom’s (D) office on Wednesday knocked Bed, Bath & Beyond after the company announced it won’t open any new retail stores in the Golden State. “After their