https://twitter.com/TheDailyShow/status/1650832779792515073
WSJ: Bed Bath & Beyond Took Out Emergency Loan on Eve of Bankruptcy to Make Payroll
''Bed Bath & Beyond Inc. faced a much worse financial situation ahead of its bankruptcy filing than is typical for companies facing an imminent chapter 11. The home-goods retailer sought a $54 million emergency loan on Friday from all of its lenders... — read more
Steven Temares and his gang.
Steve T and his Clown-Suite is why BBB will be no longer in business. They should have cut the fat many years ago and invested into a proper E-com side hustle. BBB.com has been a frustrating piece of cr-p since it started. We all knew the website was... — read more
How Is BBBY Stock Still Trading
Does anyone know why? I thought CH11 companies were removed from the exchange.
This was expected
This should be all the proof you need to realize that meme stocks are artificially inflated stocks and that no amount of goodwill from people who believe in the brand can save something that is profoundly flawed and mismanaged. I prepared for... — read more
WAVE 5 DENIERS LOL
Word was on this site but haters gonna hate so just shake shake shake
Still BBB?
In a case like this where the entire company is shutting down, will the liquidation company come in right away, or will we still be run by BBB?
You know things are bad when
The Regional Director has open to work on LinkedIn
No more “Brew with Sue”
The sad part is that they can’t even go out with any respect. They screwed over their employees and now they are screwing over their customers. You tricked these people to sign up for their loyalty program and now that they did they can’t even use... — read more
FINALLY declaring bankruptcy!!
Couldn’t happen to a more deserving company 🙂
No surprise! BBBY vs TOY
A lot of BBBY employees have been through Toys R Us liquidations in March 2018. I just do not know why Toys employees would have gotten into BBBY, another failed retailer, after all that trauma. You knew that BBBY was not going to survive.
Still Bleeding Blue?
Please don’t act surprised, please don’t cry about any of what you already knew! Oh and if you think it’s been rough, just wait! Closing down a BBB is like sweeping snow!
Up on my soapbox again
if bed bath and beyond could just learn to be nimble and process leadership driven, this would all be avoidable
Chapter 11 filed two hours ago.
I wish you all good luck. I know you will survive and thrive elsewhere.
I’m sorry but
What the heck is this vp of stores doing to save the company. He flying all over the country taking selfies and making up d-mb a-s acronyms like SWAT and having BREW with Sue. Another overpaid loser to help sink the ship and get his contract paid... — read more
Bed Bath & Beyond stiffed thousands of workers on severance pay
https://www.cnn.com/2023/04/20/business/bed-bath-beyond-severance-pay-workers/index.html "At Bed Bath & Beyond, CEO Sue Gove is eligible for $7.1 million in severance pay and former Bed Bath & Beyond CEO Mark Tritton is suing the company for $6.8... — read more
Bankruptcy eminent
Per the WSJ, bankruptcy likely within days.
The stock is 50% up in last 5 days
just saying
Bed Bath & Beyond revives bankruptcy preparations
April 19 - Bed Bath & Beyond Inc (BBBY.O) is talking with advisers and lenders ahead of a bankruptcy filing that could come in the next few weeks, Bloomberg Law reported on Wednesday, citing people with knowledge of the... — read more
The building looks like cr-p
Has anyone noticed that nothing is getting fixed? A vendor advised they are no longer responding to request because they have not been paid. toilets that do not work, lights out, notices from the utility company that the water would be turned... — read more
Brew with Sue
Omg! Has anyone watched this! What a effin joke. SWAT seriously. That’s why we get from paying this clown 700k a year. Keep smoking what you’re smoking c suite leaders. You don’t have a clue of what the customers really want.
Wave 5
To start in 3 weeks
Couples Ditching Their BBBY Registries
While Bed Bath & Beyond Inc. executives insist the troubled retailer has a brighter future, many engaged couples have already issued their verdict: They don’t think the company will survive. Since January, several thousand couples have removed Bed... — read more
Bed Bath and Beyond vs Titanic
What's the difference? The Titanic at least had music playing when it went down!
SG is absolute joke of a CEO
The lies….. https://youtu.be/qBg5D8P6aNQ
Lots of folks
spewing spew for folks in our democracy.
I don’t understand
We can’t buy supplies or merchandise yet we are flying the vp SH all over the country and the RVP’S. Can’t they just do virtual walks. All SH does is spew a bunch of nonsense and take selfies with the people who they are soon to layoff. It doesn’t... — read more
How low can it go?
25 cent stock price is almost laughable!
Guest WiFi canceled
Anyone else have their modem picked up by the internet provider?
Why weren't quarterly sales figures released on time?
And no, I am not naive. I reckon C suite doesn't want to end up like MT!
Nathaniel from CNN here
Hi, Nathaniel Meyersohn from CNN here. I cover retail for the website. I am working on a story about Bed Bath & Beyond layoffs and would love to speak to a former Bed Bath / Harmon employee who was laid off in New Jersey about the experience. .. — read more
401k lawsuit
Is there any chance of getting a lawsuit filed regarding the non matching of the 2022 401k contributions. Isn’t that like a legal obligation that the company had agreed to? The full timers who contributed and bought into this company are getting... — read more
Selling stuff
We were told to as is “extra “ ladders and fixtures we aren’t using. They want to get this stuff sold before the liquidators come in. Our grass is 2 feet tall, we have 1 box of paper left so we better start saving signs, a couple rolls of shelf... — read more
Reverse Stock Split Vote
Why are they waiting so long to vote on this reverse stock split? The stock has already dropped 60% since they started talking about it and they have 3 more weeks to go!!
This is ridiculous!!!
Why are they shipping us MASSIVE amounts of things we do not need, then we have to turn around and ship it to other stores that don't have any??? Who's in charge of this? YOU SHOULD BE FIRED!! We're wasting money on shipping! Unbelievable!
Customers are being a*holes
Is anyone else having trouble with the customers being totally ridiculous about the company. They are beyond rude and are gloating about the fate of the company. I just had a customer yell at me for 5 minutes about her order then say I know it’s... — read more
Do you still #wegotthis???
Is this still a thing?