Does anyone know what Is going on with CTS ? Have they been sold or is it in the process of being sold ? It would be nice to know for all of us working here what are future holds. Thanks
13 replies (most recent on top)
We just need the right or more Executives to make Bed Bugs and Beyond the next GAP.
CTS wasn’t dragging bbb down. They are profitable and do well. They have over 150 Associates per store because of how much they sell! The real thing is it’s a different world being in discount retail. They use different buyers and bbb would struggle to get those same buyers because of their normal contracts with major brands. It’s a smart move for bbb to build better product margins, and to be honest CTS is a completely different customer. It just doesn’t mesh well.
Handil must’ve got it for a song....bricks and mortar retail not doing great.
"...it doesn't make sense for other companies to be making big purchases like CTS or CPWM at the moment."
Didn't age well. 🤔🤷🏽♂️
Cost Plus definitely in line right after this probably sold by the new year.
"no one wants to buy a sinking ship. "
Someone just did.🤡
2 weeks major update coming. Relaunch of BBB.
Posted soon for a reason. 😝😂. Cost Plus you up next.
Well, guess you don’t need to wait any longer to find out
"I refuse to shop at any BBB stores. "
Yet, you come here to post. 😂
Tenure employee in guessing? 🤔
Or ex employee that hasn't moved on? 🤡
CTS is not gonna be a part of the BBB umbrella soon and that's a fact. Do to shareholders any information won't be shared or announce till they actually have a buyer and the deal is inked. Just know it's coming soon.
I refuse to shop at any BBB stores
get out while you can why wait around?
no one wants to buy a sinking ship
BBBY has been trying to sell CTS with not much luck. Retail is down everywhere, and it doesn't make sense for other companies to be making big purchases like CTS or CPWM at the moment.