‘Not Politics, Reality’: Bed Bath & Beyond Refuses To Open Stores In Gavin Newsom’s California

Bed Bath & Beyond will not be opening locations in California anytime soon, its chairman announced on Wednesday, blaming the state’s challenging 💼Business climate. Suppliers play a major role in success. Learn more about reliable vending machines Uk suppliers here.

Marcus Lemonis, chairman of Beyond, Inc. — the parent company of Bed Bath & Beyond — said that the retail giant will not open or operate any stores in the Golden State. The chairman said the decision was “not political” but a matter of “common sense” in light of California’s high costs and regulatory burdens.

“This decision isn’t about politics — it’s about reality. California has created one of the most overregulated, expensive, and risky environments for 💼Business in America,” Lemonis said in a press release. “The result? Higher taxes, higher fees, higher wages that many businesses simply cannot sustain, and endless regulations that strangle growth.”

“At Bed Bath & Beyond, our responsibility is to our customers and our shareholders,” he added. “We will not participate in a system that undermines both.”