I know a few Managers that have PTSD from working with DCSTs and Regional Ops Managers who were unbelievably strict. Not only would they talk to you like you were less than human, they would gossip with other managers with you like you had no... — read more
Stores closing
https://www.seattletimes.com/business/retail/bed-bath-beyond-will-close-its-downtown-seattle-store/
Anybody thinks we can recover?
Current management has run this company into the ground. What if we got new management? Do you think there is a way we could turn Bed Bath and Beyond around? Or is it already too late? I am still hopeful, but I know the idea of a complete overhaul on... — read more
$17.94 stock price
How low will it go?
They Brutalized Managers for years
Regional and District staff specifically in the Midwest brutalized Managers for years. One Store Manager was told “it’s either your family or Bed Bath”. He quit. We can write a book on the horror show.
2018 Bed Bath ASM layoffs
Does anyone have the feeling bedbath is getting ready for more layoffs. The current situation: Sales down. Morale all time low. Managers giving up. Store managers super stressed. Customer service a joke. Milleniels lazy. Turnover off the charts... — read more
Fellow employees leaving before 4th quarter
My B+ store in the Southwest is losing yet another manager. I believe when the dust settles soon, we will have at least 3 or 4 less valuable employees as we approach the 4th quarter. With part-timers a dying breed due to reduced hours, and... — read more
New return policy
I wish SOMEBODY could tell the stores if they are to enforce our new return policy. Are we enforcing? Are we re-educating? Are we making exceptions? Nobody knows. Probably safer to just go with “business as usual” because we all know Corp won’t back... — read more
Buybacks
Is anyone paying attention to BBBY stock over the past few weeks? Stock prices have been flipping back and forth each day due to the Company trying to stabilize the stock price by buying back shares after every day of a loss. Today stock took quite a... — read more
Lots of Cash!!!! We got cash!!!!...just not for the employees
Ever notice when you read the financials for bed bath and beyond they are bragging how much cash they have on hand? Although when it’s time to give pay increases to the employees the managers present .12 Now if they were a super star they got... — read more
Back to Basics
This sums everything up deserves its own thread: Yes and the stores are looking a mess, but all the DM is looking at in our store is TBS and Beyond +. This is becoming a joke of a Company when we’d rather push Beyonds than sell items within our own... — read more
Getting nasty on the front lines
Reporting from a store in the Southwest, massive cut in store hours, down to the very low 600s, lowest I've ever seen, compare this to the halcyon days of around 1100, part-timers left holding the bag with little more than crumbs. All this at a B+... — read more
Mindless SM
Apparently it’s easy to move up for BBB if you can’t think for yourself. I’ve only been here for a few months, but this is the most backwards company I’ve ever worked for. The good ol’ Boys club is alive and well in our region and if you don’t comply... — read more
This!
I have to say that you saying the people laid off were lazy, complacent and overpaid is not only insulting to most us that were laid off but not true.. I gave bbb 17 yrs of hard work not only that I went above and beyond what my daily job entailed. I... — read more
What Layoffs?
All the rumors and crying about layoffs, FOR WHAT? Everyone that hates BBB and wants us to fail needs to quit and stay off of here. I LOVE BBB and my district/regional staff! Things change and if you can’t roll with the punches you shouldn’t be in... — read more
Awkward AF
Oh goody! Some genius buyer thought it would be a great idea to carry a Back to College throw pillow that says TIRED AF. I understand that many people know what this means,but to the no less than five customers who asked me “what’s Tired AF mean?”... — read more
Lots of stuff happening
Letters have gone out about letters received by lots of folks regarding a wage lawsuit. You can talk to their lawyers if you want and there will be no retaliation by bbb. Sure. Another sm and regional quit . What do they know that would make them... — read more
OMG,,,Stores are falling apart at the seams!
25+year bbb retired,,got myself out before the big downfall and layoffs. I have been traveling around the country the last few months visiting bb b stores when I can..I have never seen the stores looking this bad..Warren & Len would be appalled if... — read more
Unemployment Benefits
Question for you guys that were laid off in August 2017. Are you able to refile for unemployment benefits if you haven’t found a job that is within 75% of your old salary, that’s what we are hearing from some HR. We are all very worried and trying to... — read more
Payroll cuts
As we squeeze hours in the stores and hire new associates in at minimum wage ever think of Steve Tamares wage? What's reasonable for his performance. How about 3.96 million plus another 12 million in stock. Total 16million dollars for 2016. The stock... — read more
Why am i on a performance improvement plan?
My first question is why any store manager or asm is put on a pip? It wasn't us who put the company in 1.5billion dollars of debt. Nobody talks about that. We don't decide where stores are located. Maybe we should be asking what the presidents pip... — read more
Manager reviews
Interesting that when I got a manager review I got a sheet of "one'liner" comebacks to counter all the negative news from wall street. How BBB has so much money... How BBB is going after furniture business... How BBB is strong because of our... — read more
Potential BBB Buyout
I have a personal friendship with my HR. A few months ago he made a comment about the company putting an end to stock buybacks in order to drop shares low enough to attract a private equity firm. A year ago I would’ve thought he was crazy, but now it... — read more
We are going the way of Toys R Us
We might not be there just yet, but with current management, Bed Bath & Beyond is certain to follow Toys R Us into oblivion. It's really sad what happened to once great company that I actually felt proud to work for. God, has that changed in the past... — read more
Tanking Stocks
How low are stocks going to get before action is taken with the CEO. This company is in desperate need of leadership and I have no faith in the leadership we currently have in place. Morales are at an all time low and people are fearful for losing... — read more
STOCKS!!!
OMG, does a house half to fall on corporate before the realize they are in trouble? Get rid of the top heavy lazy mgrs., and see if any of the hard working department mgrs. are willing to come back and help dig this company out.
The company on a whole is too top heavy
Too many positions and levels of positions at a district and regional level. Need to trim it up. But district staff is getting more and more stores, making their effectiveness less potent. Hopefully the CEO gets ousted soon, along with most of the... — read more
Strangely quiet.
Any existing personnel notice that there is ZERO information on "My Source"? Usually when something happens we see the calendar task pertaining to TV crews, reporter phone calls, etc.... There seems to be complete silence & it's unsettling. More... — read more
BBBY makes national headlines again- not for good
Wow, besides our stocks dropping last week to an all time low (10 years; at $17.50 a share) we're making news front page. We're headlines for CNN although I'm not a fan and now Forbes. What does this mean for us? The company is in 1.5 billion dollar... — read more
Bed Bath & Beyond Hope
http://money.cnn.com/2018/04/18/investing/bed-bath-beyond-standard-poors-downgrade/index.html
District and Regionals
Why is everyone so hardened towards their district and regional staff? Are other districts and regions THAT bad or is there just a lot of bitterness and resentment on here? What has this DP guy personally done to anyone? All the talk and complaints... — read more
Still no news on layoffs?
Just wondering, it's been pretty quiet. Been hoping somebody knows something.
What a coincidence
Treat others as you would like others to treat you, Well I guess I get to Lay Off the District Staff ! They are always passing the buck, on to some unsuspecting associate to take the blame for their inept management techniques. Surely they cant be... — read more
Just for fun, what changes would you make at your store?
I thought it would be interesting to see what changes, if we were allowed to make them, would we put into place at our stores. I’m sure depending on location, merchandise varies from store to store. But if I could make some changes regarding items we... — read more
STOCK CLOSED AT WHAT
Stocks closed today at $17.21, this should be an eye opener for corporate, explain that to the board of directors and why we still have certain individuals in charge, heads need to roll!!!! Nothing is going to change Until this unqualified senior... — read more
CEO Needs to Step Down
Stock prices will go extremely lower once the market opens due to the bad earnings report yesterday. Steven Temares needs to step down as CEO due to his lack of vision and leadership. He’s been stagnant in his position for way too long.
BBB is an awful work environment
When Regional or District staff visit they talk down to everyone and constantly tell everyone in other words how to do things better. The kicker is all of them haven't worked in a store actually managing the buildings, but somehow seem to know it... — read more
What do you think Q4 results will be?
I'm not looking forward to quarterly earnings report. I think it's going to finally become clear that laying off all those people did not help Bed Bath & Beyond become more profitable. But I guess my bigger fear is that their conclusion will not be... — read more
April 11 layoffs
If layoffs are going to happen, I would point to Wednesday 4/11. For some reason all district and regional staff are scheduled. Usually they all take off Wednesday’s in my region. Also earnings are coming out that day and we know the numbers will... — read more