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Bed Bath & Beyond Snubs California | Newsom Fires Back with Snarky Response
2 months ago
120
Bed Bath & Beyond’s comeback is making headlines—but not in California.
Executive Chairman Marcus Lemonis says the company won’t open new stores in the Golden State, citing high taxes, strict regulations, and rising costs.
Governor Gavin Newsom wasn’t amused. His office fired back with a sarcastic jab, questioning the retailer’s relevance after its bankruptcy. Lemonis, in turn, extended an olive branch—offering to meet with Newsom to discuss how to fix California’s business climate.
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