Apparently next week there is going to be a shareholder meeting for Hilco to Liquidating the company. Any Truth to this?
another new credit card for C suite
Hilco is newest vampire. Let's avoid BK at all costs or we'll end up without golden parachutes like poor MT. Ever wonder if some of these deals with HBC, etc, are with companies they have a vested interest in?
Bed Bath & Beyond's business model: Treat workers as worthless merch
When Google sacked 12,000 employees in January, the workers received a minimum of 16 weeks’ pay, along with stock vesting, extended health benefits and job placement services. When Microsoft erased 10,000 jobs in January, it offered “above market”... — read more
Dollar store
I was in a dollar store today and half the store was our table,simply essential and a few other of our brands that was a cant miss for us.Lol,at least the dollar store gets their products delivered on time.
Hard to believe
I am very sad to see what is happening with this company because it affects many people's lives. Maybe I was too optimistic, but two years ago, (and even last year), I would never have guessed that this place would hit the rock bottom like it has... — read more
3 weeks until bankruptcy!
https://stocks.apple.com/AnkHWv-9MSpeh0Yda6Ti8vQ
You call this freight?
Why are we getting more of the same cr-p every week? Enough if the Simply Essential sh---y bedding!!
Clown world. Now we are getting sued by Mark Tritton
https://www.reuters.com/legal/bed-bath-beyond-is-sued-by-ousted-ceo-over-unpaid-severance-2023-04-01/
Bed Bath & Beyond is now offering $500 bonuses to hourly employees to stop them from quitting before their stores close
Bed Bath & Beyond will give workers at closing stores $500 to stay until the end, sources tell Insider. Many locations were suffering from staffing challenges after the company elected not to pay severance. Store leadership teams were... — read more
Customers
Its crazy that customers will ask if we are closing in absolute disgust, then proceed to tell us that they hope we don't close because they love us. Well you sure aren’t showing the love asking me if I’m gonna lose my job Karen!
Muzak
Our Muzak box got “muted” today. Called and said due to non-payment. Shocker…NOT. Anyone else loose music today?
Let’s get a few things straight!
#1 those of us who are staying are staying because we’ve been with this company a lot of years. Thru the good and the bad. And we truly want to see the turn around happen and rejoice when it does! And cry if it doesn’t #2 we’re like a family! We’ve... — read more
C Suite?
I’m sorry to ask but I’ve heard a couple people mention C Suite, what is that?
CEO visit
Sue Gove visited the Downers Grove store today.
Those still working here
The only people left in this company are those who can't find a job anywhere else. I have no other explanation because I don't believe there's anyone who still enjoys working here!? This place is a big mess.
Mara out as Bbb Prez
Haha. another sign of the sinking ship.
You have two choices
Everyone should be prepared to be laid off at any minute. I was let go during the month of January after only eleven months with BB&B and realized after the first month with the company that being laid off was inevitable. I worked those months with... — read more
How to still get full-time hours
If you're willing to suck up to the right people, no matter the situation at the company, you'll be sitting pretty. It's all about playing the game to the bitter end and kissing major a-s. If you do it right, you'll be golden. But if you have some... — read more
Bed Bath & Beyond to Sell Shares as Preliminary Sales Disappoint
Bed Bath & Beyond Inc. filed to sell up to $300 million in shares and reported preliminary fiscal fourth-quarter sales that missed analyst estimates. The retailer said Thursday that preliminary results from the three months ended Feb. 25 show... — read more
What would have been the answer?
Obviously MT was not the answer. Yeah, he did things for TGT, and bringing BOPIS into the 21st century probably stopped BB&B from going under during lockdown. But stock buybacks, brand replacement, centralization, and spending a fortune to try to... — read more
BBB “disgrace”
https://newjerseymonitor.com/2023/03/29/senator-calls-timing-of-bed-bath-beyond-layoffs-a-disgrace/
Has anybody here worked at Ollie’s before?
How is it? I was offered a job, but I don't want to accept it before knowing more about the company culture and how they treat employees. I've had enough of BBB's inhumane treatment to last me three lifetimes. I checked their page here and it's... — read more
Layoff Rumor
Rumor about layoffs next week. Is this true anyone?
Bed Bath & Beyond set to complete a round of layoffs in New Jersey the day before a new state law takes effect that would mean millions more in
Bed Bath & Beyond is closing 43 stores, two warehouses, and one fulfillment center in New Jersey. The company is also slashing 377 jobs at its Union, NJ, corporate headquarters, effective April 9. New layoff rules go into effect on April 10 in the... — read more
Don’t give a notice if you are leaving the company
If you’re leaving, the company, do not give a two week notice and think you’re being nice and doing the right thing the company will use it against you and cut you off earlier than you’re supposed to with benefits and not send you cobra info — read more
April 10th
Is anyone else thinking how I’m thinking that April 9th will be the day for chapter 7 right before the Warn Act takes effect the following day. They won’t have to pay anyone anything. The way they have been operating I wouldn’t put it past them. — read more
Todays Town Hall
With the stock price under a dollar a share. Can we expect more store closings to be announced today?
Advice
So my last day is Friday, I still haven't found another job yet. I got offered to transfer to another location, same position, same pay, I keep my benefits, steady paycheck. I was thinking just sticking around till I find something else, unemployment... — read more
Stock Low $0.77
Not even sure $0.77 is low enough to accurately represent this company’s worth…
Give up already!
Enough
Reverse stock split
Bbb will be asking for a 5 to 1 or even a 10 to 1 reverse split. It dropped the 13% in after hours trading. How low can they go before calling it quits?
Bombshell 💣
https://www.latestly.com/socially/business/new-bed-bath-beyond-isnt-paying-severance-to-employees-at-stores-across-the-us-latest-tweet-by-bloomberg-4955159.html Wtf is wrong with this company.
Is this some kind of Joke? Bed Bath & Beyond® and buybuy BABY® Recognize Sleep Awareness Month With Tips and Tools to Improve Nighttime Routines
https://finance.yahoo.com/news/bed-bath-beyond-buybuy-baby-120000928.html Maybe start with helping the workers first. What a bunch of sc-m bags!
Derp!
We R done!
Banks Are In Liquidity He-l!
Anyone think anyone has money to lend BBBY? Anyone? Buehler?
Stock ammendment
00 April 2023 May is the beginning of a new future or the beginning of Toys R Us liquidation type deal. Selling fixtures now in 200 stores getting ready to right abandon in next round. Chapter 11 date?? Feedback appreciated
Goodbye 1003
Store 1003 Vernon Hills is now shuttered. The lights are off, the parking lot empty. A lot of good people came and went. You were the first job for many a teenager in high school getting ready for college. You were also a high sales store in your... — read more