Thread regarding Bed Bath & Beyond layoffs

Any truth to the rumor 50 stores closing?

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| 2361 views | | 12 replies (last June 25, 2022) | Reply
Post ID: @OP+1h3BFCfx

12 replies (most recent on top)

There cost saving measures are running them into the ground. Eliminating full time associates that gave a damn replacing them with part timers who spend most of their time on their phones hiding in a corner. Some good managers but also abusive ones too. When this company started buying up other companies I knew it wouldn’t be long until they would be in trouble. I worked for this company for nearly 20 years. It’s a shame to see it as it is now.

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Post ID: @mogp+1h3BFCfx

@rom. So you hope many of your fellow employees lose their jobs, their paychecks, and are unemployed? Real thoughtful and nice.

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Post ID: @1yyl+1h3BFCfx

I think the only chance of survival that this company has is closing more stores.

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Post ID: @1tcj+1h3BFCfx

No surprise as Big Lots gas better quality and asst

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Post ID: @1izo+1h3BFCfx

Rumor came from corporate staff……next d-mb question!

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Post ID: @cik+1h3BFCfx

What rumors? Where did you get “said” info on rumors? Speak-

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Post ID: @ntg+1h3BFCfx

Sales are way down. Remodels are just not happening at a meaningful rate. District turnover continues. Cash burn and building debt limits possibilities.

But hey the c- suite are still getting raises to base salary so it’s not all bad.

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Post ID: @crs+1h3BFCfx

I heard 190 stores

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Post ID: @cdb+1h3BFCfx

I heard 150 in total

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Post ID: @vsv+1h3BFCfx

Part of me says no because I haven’t heard it from anyone else.

Part of me says yes because this company cannot survive with some of their stores.

So I await more comments.

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Post ID: @mng+1h3BFCfx

hopefully if it’s true, they use the money saved to pay the vendors so we can start getting product in again (besides our owned brand garbage)

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Post ID: @rom+1h3BFCfx

I wouldn’t doubt it. Hope they go under

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Post ID: @hmp+1h3BFCfx

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