Bed Bath & Beyond bashes California
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In August 2025 the retail chain announced it would not open stores in California because of "risky" business environment.
California Gov. Gavin Newsom’s (D) office knocked Bed Bath & Beyond on Wednesday after the company announced it won’t open any new retail stores in the Golden State. “After their
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Gavin Newsom Trades Barbs with Bed Bath & Beyond CEO After California Is Snubbed in Reopening Plans
The California governor candidly shared his thoughts on the home goods retailer explicitly stating that the state is not in its brick-and-mortar plans for its return, after filing for bankruptcy in 2023 and shuttering all of its locations.
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.