Thread regarding Bed Bath & Beyond layoffs

Cancelled... Or Postponed...

So... 13 remodels have been put off to next year... Any guesses why???

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| 2181 views | | 15 replies (last September 1, 2022) | Reply
Post ID: @OP+1gSuHqcv

15 replies (most recent on top)

BBB is broke, gone in a year

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Post ID: @1Dxup+1gSuHqcv

All have been postponened except 8 in entire company.

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Post ID: @htqt+1gSuHqcv

Ice T don't wanna chain da gas so I say hey...I don't give a f#@%

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Post ID: @3qah+1gSuHqcv

And what a waste to set up 5s and then a few weeks later announce that the store is closing.

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Post ID: @2jss+1gSuHqcv

Wondering why if the hours are so bad and the business is so bad why haven’t they laid off the full timers yet?

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Post ID: @2qqz+1gSuHqcv

You are insane and not even a real person. I swear robots are posting at this point.?

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Post ID: @2aza+1gSuHqcv

5s allowed the stores to save anywhere between 17-25 hours a day in the receiving department. It’s a huge win for the company.

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Post ID: @2nok+1gSuHqcv

imagine how much 4 worktables for every store cost them....and then imagine how much it cost to ship those to every single store on top of that. and of course it didn't all come on one truck, that would be too efficient! i think we got 5 or 6 seperate deliveries for ours

yeah, i fully believe they ran out of money for remodels

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Post ID: @1oof+1gSuHqcv

Agree about the 5s thing. I know where to put a tape g-n. And I damn sure don’t need some crazy a-s EXPENSIVE special table to receive a pallet! So d-mb. They should just stop all this micromanaging and just let us run our stores. They may be surprised at the results.

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Post ID: @1yte+1gSuHqcv

5 S was the d-mbest thing that this company has ever rolled out! Obviously they never worked the back end of the store. Person that did this spent to much time up the back end of someone!

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Post ID: @1ory+1gSuHqcv

when they started doing all the 5S stuff in receiving, they originally sent someone to plan the layout, and it included adding a new computer terminal and new internet and phone lines being run to it. after a handful of stores in our area, they scrapped that plan real quick because of the cost (shocking). thinking ahead doesn't seem to be our strong suit, lol

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Post ID: @1fhz+1gSuHqcv

We spent all our cash doing a buyback of 1 billion worth of our own stock that is now worth 300 mill. Bet they wish they could go back in time and rethink that move lol. Was a big risk that could have paid off but the economic winds were not in our favor. The long term economic outlook is bad and we will be lucky to survive.

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Post ID: @1dgn+1gSuHqcv

Well if everything costs money and the company doesn’t have it….🧐🤨

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Post ID: @1yey+1gSuHqcv

Ryan Cohen (the activist investor) pumped the brakes on all spending.

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Post ID: @vml+1gSuHqcv

The VP of Development and Construction told me there is no money in the budget to do any remodels.

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Post ID: @nep+1gSuHqcv

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