The fact is, Mark T will not be successful in turning around BBBY until he rids the Company of the Deep State loyalists (Directors and VPs) that still remain . The slate must be cleaned in order to move forward and redirect Bed, Bath & Beyond in becoming successful once again.
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Deep State? Your tinfoil hat is on too tight.
And what business school did you go to? I realize this board is a place to vent but I do not think a lot of people posting here have any idea how a corporation runs. The posters seem to have all the answers. Yes what is going on s**ks and it did before the pandemic..but it is the same in many if not most big box stores. It is a time of uncertainty in almost all fields. If you think the grass is greener at other stores why havent you left yet? Just asking
BBBY made some terrible acquisitions consistently (e.g. CTS, Harmons, Cost Plus, One Kings Lane etc) which leads me to believe, no-one can be that stupid, unless ONLY personal financial gain was afoot for persons in the Finance Department and/or Executive Suite.
No one understands why he kept the same CFO. Yet it is her little minions whom gave false stats and they still remain in the company. Dont get it.
Well BBB is in the middle of a class action law suit involving violating federal securities laws.
When you refer to BBBY are you including the whole family of companies or just Bed Bath and Beyond?
Don’t you worry, the old guard will eventually be replaced with new management, it just won’t happen overnight. VP’s will go down one by one with the infamous email from the CEO explaining how each and every one of them decided to move on to better things and he wishes them well. Yep, those are dead persons walkin’!