Thread regarding Bed Bath & Beyond layoffs

Now is the time to choose wisely

Other companies are spending billions to expand their infrastructure and future-prep their businesses. BBB is still clinging to its “We have to beat Amazon, but we don’t want to spend any money on it” policy. Beyond+ and charge cards aren’t going to save the company when everything else is stuck in the past. We should have offered free 2-day shipping 5 years ago. We should have modernized the stores 15-20 years ago. We should have struck an alliance with Amazon and started using their infrastructure, their trucks, their warehouses, their shipping strengths. We can’t beat them, so let’s join them if we still want to be in business a year from now. Now is the time to choose wisely, because we missed every single one of our opportunities to innovate.

Well said, @10vQsFIz-1nvw. I'm just afraid it might be already too late.

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| 1071 views | | 3 replies (last August 18, 2019) | Reply
Post ID: @OP+10x8KTV3

3 replies (most recent on top)

Did you know that they spent 3 million dollars on a soft side walk at the corporate campus so the employees could walk around the campus on their break for exercise. So many changes need to be made.

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Post ID: @4zhd+10x8KTV3

Too late to turn it around!

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Post ID: @2tkc+10x8KTV3

So true. At this time nothing should be off the table. The old guard is gone at the top, now it’s up to the new guard to prove they have a plan to turn this place around, and fast. We don’t have the luxury of time anymore.

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Post ID: @2gdc+10x8KTV3

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