The company will be giving us all an update on the covid 19 situation next Friday , May 1st. That's the reason for text/email info.
Will stores reopen, even the state's that gave the ok to ????
Who will be brought back after the furloughs ???
How BBB will keep us safe ???
14 replies (most recent on top)
BOPIS will start Friday at the stores currently doing CDS fulfilment orders.
Hopefully that will go smother than the Major issues with IT , shipping labels not printing etc.
I work for CTS and we were told that they won’t sell CTS because we are profitable. I think we would be better off if we are sold.
Just going off of some facts here. But does anyone follow the earnings calls? They plan to continue to do real layoffs, and staff reductions. MT just recently confirmed that to investors.
My bet is that many of those who were furloughed in Corp May not be returning
My bet is that they eliminate ASMs as that was their plan this year.
They are working on selling off CTS and world market, the go forward plan is to keep BBBY, baby, and Harmon. They even plan to sell off the Harbor linen company. They goal is to eliminate any subsidiary that isn’t Home, baby, or beauty. They will cut across the whole board as needed.
And another friendly reminder that 250 stores have lease negotiations going on, and if they don’t bend many stores will close (remember we had 60 stores close in 2019, 40 in 2018, and 35 or so in 2018. Bed bath originally had close to 1200 core stores at its peak and are now down to 990.
556 stores are getting face lifts
128 stores already received this refresh.
30 are being remodeled this year still (now pushed to October)
80 already had full remodels/ relos
There is a big gap still and you should just be prepared so you don’t react like a deer in headlights if the bad news comes to a store near you.
I meant CTS doesnt have online shopping anymore so are they SOL? lol
But CTS does have online shopping anymore cause of costs so they SOL?
BOPIS and curbside are what is going to happen. Mark said something about updating said program.
My guess......
Full time will go back first as they don't want to continue to pay the full medical premium and the store hours will be shortened. Part time will return when needed. I am not in any position to really know, just a guess.
Who cares Y’all!
We all know we need to find new jobs!
No way this company can survive...
We were already struggling...
Why would we survive this???
No possible way we can hang on!!!
S—s but it’s a reality nobody seems to want to face
Furlough is different than a layoff
if your governors do not open your state, well then, there is your answer. maybe you can do curb side pickup.
y will no one tell me how they know about the update may 1st if you r gonna reply here that u got notified of an update y not tell us how you were notified or how the update wll take place? well im in a state thats not opening til at least may 15th so we cant open til then thats if he opens the state on the 15th
I'm in a state that the governor said that we can Open . And I heard the same.
how do you know that? I wasnt notified of an update, and how is this update being given?
why do you sound like you are panicking lol if we arent brought back after then u just look for a new job and stay on the unemployment til u find one relax and u know the answer to the last question , they didnt supply proper stuff when we were still open when everything else was closed u think they will now lol
The state that are still closed by governors cannot open so idk how that will work and how do u know of this update on may 1st I didnt get notified