Thinker101
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- Mar 25, 2017
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Marcus Lemonis, Bed Bath & Beyond Executive Chairman said in a statement issued Aug. 20 that the company will not open a brick-and-mortar location in California. Lemonis said that the state, home to over 39 million people, will be served solely through delivery.
"We’re taking a stand because it’s time for common sense," the statement reads. "Businesses deserve the chance to succeed. Employees deserve jobs that last. And customers deserve fair prices. California’s system delivers the opposite."
Lemonis claimed that the decision "isn't about politics." However, the statement repeatedly attacked regulatory policies passed in the state.
We know there have been many companies that have left California. How many will not be opening any new stores in California. Regulations have made it very difficult. Too bad Newscum.
MSN
"We’re taking a stand because it’s time for common sense," the statement reads. "Businesses deserve the chance to succeed. Employees deserve jobs that last. And customers deserve fair prices. California’s system delivers the opposite."
Lemonis claimed that the decision "isn't about politics." However, the statement repeatedly attacked regulatory policies passed in the state.
We know there have been many companies that have left California. How many will not be opening any new stores in California. Regulations have made it very difficult. Too bad Newscum.
MSN