Visited a store in Houston today it I thought I had made a mistake, I said this can’t be Big Lots! Where is DP and his DM’s leadership skills, in the toilet. I still in shock, the OPs running the store should be ashamed....
I say condense the RVP role
These new cuts have to involve cutting some of the RVP’s. Do they really need that many? In all the concepts? There is one for Harmon? CTS? Baby? and several for bed bath. Isn’t that what the regional managers are for? The RM’s can handle taking some... — read more
Why On Earth Would You Authorize Additional Stock Repurchase?
Every dollar should be put back in the stores and in technology. Billions have already been flushed down the toilet to prop up the EPS temporarily so that the old Fat Cats could cash out before they were booted out. This is a travesty. One bad report... — read more
Bed Bath and Beyond doesn’t want us to talk
They are now banning us by IP address do we can’t voice our experience with the company and tell what we have heard. They don’t have money to properly run the stores but they have money to pay someone sitting in the back room tracking us. Track all... — read more
Will stores be affected?
Every time next week's layoffs have been mentioned they were in relation to corporate. Does that mean the rest of us are safe?
Layoffs in corporate next week?
I heard a rumour about a possible layoffs in corporate at the end of next week. Anyone know if there is any truth to that?
IT’s ABOUT THE DISHONEST DM’s and UP
BBB is not going to be revived, the dead is dead. The mgmt is the one to blame, the employees gave it their all as directed by these terrible mgrs!! They should get a union in there or just all walk off the job and find another job, the jobs are... — read more
So let’s do some math.
With the sale of Pmall, and the sale of the property that generated 500 million in cash. We already have 800 mill in cash, that brings the total cash in the first qtr to what we will hues to be around 1.2 billion (given we have a loss... — read more
Sales have never been worse
We have fewer people showing up at our store on a daily basis. Are others experiencing anything similar? I'm now convinced we'll be closed sooner rather than later if things don't improve.
Older employees should be prepared
If this rumor about more layoffs is true, I'm betting you older employees will once again be targeted. Every layoff so far I've seen a disproportionate number of those over fifty affected. I'm just surprised that nobody sued the company yet, but I... — read more
Wall Street Has No Idea
How horrific the morale and the culture of this company is. The old administration beat down on its employees while they created layers of useless positions that manage nothing. The company has never given their management team the actual ability to... — read more
And the bad news continue.....
Bed Bath & Beyond – The retail company’s stock plummeted 25% in extended trading after it announced preliminary guidance data for the first two months of the 2019 fourth quarter. Same-store sales fell 5.4% driven by the decline in-store traffic, the... — read more
Down Down Down
Everyone was warned to leave last couple years. This is the end of the road. Lots of other retailers hiring, believe in yourself.
Layoffs are coming this month end
It’s no surprise that we are not doing well. So, be ready. The layoffs are coming this month end at corporate. This is going to be a big one. Hug your family and friends as it’s going to get ugly for the long timers. Sorry in advance.
So where is the advertising?
Remember when the new guy said we were going to run ads? We had one TV as for Black Friday, but was that it? What is the plan to save this company? Is there a plan, or are they just spending all their energies hiring more overpaid board members? What... — read more
Any reporters?
I’d like to bring to the light an HR issue....enough is enough.
Remember when......
We used to do cluster/product classes training? New hires now are thrown to the floor and expected to learn as they go. This is why our retention percentage is soooo low. Not for nothing, all those classes and sell backs actually helped to teach... — read more
How many people work at Bed Bath and Beyond?
I am interested in the overall number of employees. Also, please share if you know how many people work at Union?
What to say
Every day we have several customers come up to us and ask if we are closing. No one has addressed this issue and how to handle the answer that is the correct answer to the customers. We just say no and we are going through a huge renovation and... — read more
Has office space at corporate stated to get consolidated yet?
You’ll know things are really going to get paranoid as people start getting moved around the headquarters. Corner offices become vacant, departments need to move closer to each other to streamline efficiencies. Just be ready to remove your personal... — read more
SM no longer Ordering....
SM will not be doing there own store ordering ! It will be done by a computer program. That way the SM's will spend more time on the sales floor coaching and ensuring that employees are getting TBS orders. Which I believe will be a good thing, ... — read more
The End Is Near for ASM’s
Be aware the ball is rolling down hill for the asm position. The word is by March 1, no severance, I wish all of you that are left good luck.
Next Gen renovations
So what stores are being told they will have a renovation this upcoming fiscal year? Trying to make a running list to see how many will get it Vs not. Ie the have and the have nots!
???
So where's this big announcement?
This is our problem
The stores are very quiet. not too many customers (except returns). Not too many associates lurking about the floors. What's up with the columns, They are bare, I would never let them look like that, it shows no product... At least split the column... — read more
Which stores are getting the boot?
Looks like internal announcements were made today. Is your store getting the axe?
Ugliest Quarter In The History of the Company
Not sure how anyone can put a positive spin on these numbers.
Bed Bath & Beyond poised to win in 2020
https://www.retaildive.com/news/placerai-target-bed-bath-beyond-cvs-and-ulta-poised-to-win-in-2020/569945/
Going, Going...
Oh Boy! It seems I that my predictions are starting to come to true. selling off property, more stores closing, layoffs. When to start worrying is when the company falls under 1000 stores. Then the next adjustments start. Moving managers around... — read more
CIO is gone
Just heard that CIO was let go as well. It was not part of the news release.
Is this a legit closed store list?
thestoreclosing.com/t/hdl9WoXN
25% off good move or not
The 25% off this weekend so far has brought a lot of foot traffic into the stores. Is this just another way to reduce inventory to sell out?
Is anybody else feeling cautiously optimistic?
Or is it just me?
Don't expect me to feel sorry for any of them!
They've ruined so many lives and nearly destroyed this company and now I'm supposed to feel sorry for them? Not happening! This was the best move that could have been done to start affecting some actual change here. I think we might be on the... — read more
Upper Management Changes
Finally doing something right, or at least the right direction. They let go (but did not eliminate the position) of 6 key people for corporate, whom are either very overpaid, or too old fashioned for the “new” bed bath and beyond. It’s very... — read more
Is it smart to bet on BBBY?
I got a job offer starting in January, but I'm reluctant to just leave the company I've spent more than a decade with, especially when things seem to be looking up at least a little bit. Still, I'm scared that if I decide to stay, I might regret that... — read more
My 2 cents
My store had an awesome Thanksgiving day and best Black Friday in years. There are alot of positives coming, sure lots of change as well but to remain relevant we need to. Lots of unhappy people on here........time to find new employment. Wishing... — read more
See the CEO’s Thanksgiving note?
Thanksgiving is this great time when we spend time with our families and enjoy the holiday. You however won’t be enjoying any of that because you’ll be working, sorry ‘bout it. The cynicism was dripping out of that note in MySource, because you know... — read more
Bed Bath and Beyond Layoffs 2020
How likely is that there will be Bed Bath and Beyond Layoffs 2020? Any news or rumors?
Settlement check
Did anybody get their overtime settlement check yet? If not is there a Phone number to call? I know the forms were responded to back in August of september. Thanks to all.