Bed Bath & Beyond Goes Broke: Retailer to Shutter Stores, Cut Staff After Cancelling MyPillow Last Year

[Geee]

“Go woke, go broke” is the slogan that keeps on giving. The latest installment of woke, politically active retailers now facing financial ruin in the form of shuttering stores and mass layoffs is none other than conservative-hating Bed Bath & Beyond.

 

According to CNBC, the retailer announced this week that it will close down 150 namesake stores, as well as plans to hand out pink slips to a whopping 20% of its workforce, mostly in the supply chain and corporate sectors of the business. The moves were announced ahead of an expected investor update on Wednesday in the company’s seemingly desperate bid to stay afloat.

As you’ll recall, BBB made headlines in early 2021 after it was confirmed by MyPillow CEO Mike Lindell that the retailer had canceled his legendary MyPillow line at the same time he was involved with conservative activism on behalf of former President Donald Trump, specifically working on issues related to election fraud claims.

PJ Media

 

[Geee]

Bed Bath & Beyond CFO, 52, is identified as man who jumped to his death from 18th floor of NYC's 'Jenga' tower - two days after firm announced plans to lay off 20% of staff and close 150 stores

[Valin]

43 minutes ago, Geee said:

Bed Bath & Beyond CFO, 52, is identified as man who jumped to his death from 18th floor of NYC's 'Jenga' tower - two days after firm announced plans to lay off 20% of staff and close 150 stores

 

The Question Must Be Asked...What Were They Thinking?

[Geee]

46 minutes ago, Valin said:

 

The Question Must Be Asked...What Were They Thinking?

Politics should stay in politics. It should stay out of companies, schools, stores, TV shows & movies. The only time it should show up in 'entertainment' is if the particular movie or TV show is about a political subject. Then you have your choice whether to watch it or not, just lt like you have a choice to tell a store to GTH and not shop there.

[Valin]

3 minutes ago, Geee said:

Politics should stay in politics. It should stay out of companies, schools, stores, TV shows & movies. The only time it should show up in 'entertainment' is if the particular movie or TV show is about a political subject. Then you have your choice whether to watch it or not, just lt like you have a choice to tell a store to GTH and not shop there.

I Try not to give my money to companies that are Woke. But It Is Hard.