Davin News Server

From: -hh <recscuba_google@huntzinger.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: LOL... California so family UN-Friendly...
Date: Thu, 21 Aug 2025 16:22:01 -0400
Organization: A noiseless patient Spider

On 8/21/25 00:24, AlleyCat wrote:
> 
> BB and B won't build stores there anymore, maybe not even open at all.

BB&B went bankrupt two years ago.  Until a month ago, they had ZERO 
stores anywhere in the world.


> Bed Bath & Beyond's Executive Chairman Marcus Lemonis BLASTS California for 
> its hostile business environment and announces over 300 new stores coming 
> to other states outside California.

300 "new stores"?  Yeah...no.

The BB&B name's been bought by Kirkland, and they're looking to 
effectively rebrand their existing ~300 Kirtland stores ...

...that is, if Kirtland itself is able to stay afloat.

They've:

* been unprofitable since 2022;
* had two board members resign last year;
* And 1Q25’s EPS was -$0.51

That ain’t growth: it’s desperation.  The troll attempt at CA was an 
attempt at name recognition & relevance.

And trying to invoke the MAGA culture war isn't working out for those 
who've gone all-in on Red:  Target's revenues have fallen such that 
their CEO Brian Cornell announced yesterday that he's stepping down.


-hh