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Brandon's Economy: Bed Bath & Beyond Warns It May Go Out of Business
Posted on 1/5/23 at 10:48 am
Posted on 1/5/23 at 10:48 am
quote:
Bed Bath & Beyond Inc. said it might not be able to continue as a going concern, bringing another US retail chain to the precipice of bankruptcy.
The Union, New Jersey-based company said it’s pursuing an array of strategic alternatives, including restructuring debt, selling assets or filing for bankruptcy-court protection, but “these measures may not be successful.”
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13
Posted on 1/5/23 at 10:49 am to jatilen
Dumb heading. They have been in trouble for a long time.
Posted on 1/5/23 at 10:50 am to jatilen
I'm surprised this hasn't happened sooner to be honest.
Think about it, what can you get at BB&B that you can't find at any other retailer not even counting online? Even Walmart carries all that "Seen on TV" crap.
Think about it, what can you get at BB&B that you can't find at any other retailer not even counting online? Even Walmart carries all that "Seen on TV" crap.
Posted on 1/5/23 at 10:51 am to jatilen
The worst day of bankruptcy for a corporation is the day you announce. The best day is the next when you can restructure with the banks and get business afloat again
Posted on 1/5/23 at 10:51 am to jatilen
Maybe my wife can throw away the 6 inch thick stack of 20% off coupons she's been saving since 2006.
Posted on 1/5/23 at 10:56 am to jatilen
Not sure this has much to do with Brandon, because retailers such as BBB are a dying breed due to online sales and delivery. In today's times the only type of retail stores that can maintain success are ones serving immediate needs, such as hardware stores for instance.
With that said, frick Brandon and let's blame him anyway. His presidency, his fault.
With that said, frick Brandon and let's blame him anyway. His presidency, his fault.
Posted on 1/5/23 at 10:56 am to jatilen
They've been circling the drain for YEARS. Every December, BB&B makes each network's list of Companies That Might Not Live to See 20XX.
Posted on 1/5/23 at 10:57 am to Pechon
quote:
Think about it, what can you get at BB&B that you can't find at any other retailer not even counting online?
Only things I buy there are sheets and pillows, and only because I consider buying those online too risky
Posted on 1/5/23 at 11:03 am to Midget Death Squad
quote:
With that said, frick Brandon and let's blame him anyway. His presidency, his fault.
Midget Brain Squad
Posted on 1/5/23 at 11:04 am to jatilen
Amazon's Economy: Bed Bath & Beyond Warns It May Go Out of Business
FTFY
FTFY
Posted on 1/5/23 at 11:05 am to jatilen
Our store is closing soon. Some departments are completely bare. The SO stocked up on some things for cheap.
Posted on 1/5/23 at 11:06 am to Bama Bird
quote:
Only things I buy there are sheets and pillows, and only because I consider buying those online too risky
Fair enough as I can relate to that and the one time I bought sheets online was a massive disappointment. Call me bougie but if it's less than 1000 thread count or if they lie and doesn't feel like it, I'm not going to buy it.
Posted on 1/5/23 at 11:13 am to Bama Bird
quote:
Only things I buy there are sheets and pillows, and only because I consider buying those online too risky
The last sheets I bought were from MyPillow and they are good. Have bought Boll and Branch sheets and they are nice but were more expensive. I’m sure there are others but these are the ones I can recommend.
Posted on 1/5/23 at 11:14 am to jatilen
Didn’t they sell , then pull, MyPillow stuff?
This post was edited on 1/5/23 at 11:16 am
Posted on 1/5/23 at 11:14 am to Eurocat
quote:
I've never understood why the store is not more popular. It sells pretty good merchandise at a fair price.
Too much competition and not enough innovation on their part
Posted on 1/5/23 at 11:16 am to jatilen
Should've never pissed of conservatives. I haven't stepped foot in one since they bounced MyPillow. Makes a difference. My wife works right next to one, and she doesn't shop there anymore since she knows I won't even go in one. Probably doesn't make much of a dent in their bottom line, but my wife wasted alot of money on that crap.
Posted on 1/5/23 at 11:17 am to LSUSkip
Get Woke Go Broke.
My Pillow Mike is laughing at them!
My Pillow Mike is laughing at them!
Posted on 1/5/23 at 11:18 am to Powerman
How can you inovate a bath towell or tea kettle? You can design it a bit (and I think BBB carries nice looking things) but that's about it. They were one of the first to deliver of the big chains, at least a year before WalMart.
I had, however, forgotten about the My Pillow removal.
I had, however, forgotten about the My Pillow removal.
Posted on 1/5/23 at 11:20 am to Eurocat
quote:
I had, however, forgotten about the My Pillow removal.
Alienating a fairly large portion of your customer base was probably a poor decision.
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