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Just one of the last "big box" retailers out there that built OVERSIZED stores, instead of half that size. Wasting mortgage/rent, space, ac/heat, and lighting. These stores should be the size of a large dollar store......not a freeking football field. Nothing but WASTE, WASTE, WASTE!! THIS is why they are going under!! Mismanagement, NO management, corporate greed!!Bed Bath & Beyond is a mess right now, source says
Bed Bath & Beyond may want to bus some of those 65% off private label towels it's currently selling to its New Jersey headquarters because there appears to be a mess in need of a cleanup.
View attachment 690433
A business is started. It grows and grows. It starts failing. It dies by the ugly forces of business. The circle of life.Just one of the last "big box" retailers out there that built OVERSIZED stores, instead of half that size. Wasting mortgage/rent, space, ac/heat, and lighting. These stores should be the size of a large dollar store......not a freeking football field. Nothing but WASTE, WASTE, WASTE!! THIS is why they are going under!! Mismanagement, NO management, corporate greed!!Bed Bath & Beyond is a mess right now, source says
Bed Bath & Beyond may want to bus some of those 65% off private label towels it's currently selling to its New Jersey headquarters because there appears to be a mess in need of a cleanup.
View attachment 690433
Ah, Bloodbath & Beyond.
Named so because of what happened to your wallet if you let your wife inside.
We only had two. And one went out of business during the lockdowns. Haven’t been to the second one in a long time especially since they moved to a different location farther away.Just one of the last "big box" retailers out there that built OVERSIZED stores, instead of half that size. Wasting mortgage/rent, space, ac/heat, and lighting. These stores should be the size of a large dollar store......not a freeking football field. Nothing but WASTE, WASTE, WASTE!! THIS is why they are going under!! Mismanagement, NO management, corporate greed!!Bed Bath & Beyond is a mess right now, source says
Bed Bath & Beyond may want to bus some of those 65% off private label towels it's currently selling to its New Jersey headquarters because there appears to be a mess in need of a cleanup.
View attachment 690433
During economic downturns businesses like this are always going to suffer. When you’re paying for necessities bed and bath are often neglected, while beyond you can forget. Too large stores, of course, don’t help.Just one of the last "big box" retailers out there that built OVERSIZED stores, instead of half that size. Wasting mortgage/rent, space, ac/heat, and lighting. These stores should be the size of a large dollar store......not a freeking football field. Nothing but WASTE, WASTE, WASTE!! THIS is why they are going under!! Mismanagement, NO management, corporate greed!!Bed Bath & Beyond is a mess right now, source says
Bed Bath & Beyond may want to bus some of those 65% off private label towels it's currently selling to its New Jersey headquarters because there appears to be a mess in need of a cleanup.
View attachment 690433
They survived for years, their size probably contributed to an enjoyable and more expensive shopping experience, think of Ikea.
The issue has to be at least in part, some of the following:
Amazon, Walmart, and the reliance on them during covid (thanks shutdowns and those who demanded they continue).
Inflation, loss of discretionary income.
Linens and Things shut down completely in 2008.I think Linens 'N Shit is still doing okay.
You seem bitter...
Linens and Things shut down completely in 2008.
They refused to lower prices. Their prices rivaled those of Needless Markup and DKNY.
People just couldn't afford that shit.
Yes, online shopping did have a TINY bit to do with it. But BBB corporate dickheads didn't "go with the flow". Just like Sears and other "big box" retailers, they refused to budge when it came to change. And this is the result.
JCPennys took a huge hit in the 80's, and in response, they downsized thier "big box" stores and survived. They brought back the "catalog" stores which was a big part of their continued existence. People placing their orders and wanting to pick them up quickly and efficiently without having to walk through the whole department store. Small locations, about the size of a ice cream parlor.........mostly just customer service and customer pickup, but with a few "in need" items to purchase, usually seasonal items.....like fans, weed whackers, tools, towels, blankets.......and JCP survived the downsize of the 80's and 90's because of the new "personal computer" people were buying, so they could do things at home, such as order from the JCP catalog instead of going to the stores. JCP also had to reorganize once again in the early 2000's to adjust to home shoppers and online marketplaces. Which they did. And they still survive to this day. JCP ADAPTS. THAT is "the name of the game".
Adapt or die.
And, yet, Neiman Markus and DKNY still thrive...
What you've described here is the polar opposite of what happened to our local JC Penney, which was shuttered four years ago...
Corruption? Greed?
It's far more likely that Amazon was the source of their problems...
Was just using them as an example of extreme pricing.
They are a niche market. NM has had it's problems though, I believe they did claim bankruptcy back in the 90's, but they reorganized and survived. Most niche markets do. DKNY is also a niche market because she's a designer and does have small stores. Again, I was just using their prices as an example.
Like I stated, it was a small part of it. But not the big part.
