Thread regarding Bed Bath & Beyond layoffs

RGIS is here, it's July

Ok what could that mean, RGIS is here taking pictures and walking the entire store...I'm genuinely worried

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| 1721 views | | 10 replies (last July 12, 2022) | Reply
Post ID: @OP+1hADY1tg

10 replies (most recent on top)

It's for liquidators. Don't lie to yourself put the pieces together they have no money for any of that . Takes hrs don't have takes money don't have look at the balance sheet ain't gonna get credit not even paying bills now terms on merchandise went from 60 to 30 vendors aren't stupid. Then think about it who is paying RGIS ? Ain't BBB

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Post ID: @6dvb+1hADY1tg

Stores are going full planograms. Corp will make maps.

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Post ID: @3zvn+1hADY1tg

They might be getting ready to do a mid-year inventory to assess the valuation of the company assets &/or to see what needs to be liquidated.

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Post ID: @1zot+1hADY1tg

It’s not scary!! They were in my store it’s for future sets!

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Post ID: @1hct+1hADY1tg

The mapping out was done three years ago. If RGIS is in your store it is not good. 5s is gone as well.

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Post ID: @lrg+1hADY1tg

My store was done last week. Took the last all day taking pictures and measuring fixtures. We are/were in the remodel list for this year but assuming that is not going to happen

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Post ID: @wba+1hADY1tg

does your store have 5S yet? if not, that could be what they're doing; surveying the store so they can tell you how the backroom should be laid out, then RGIS builds the new tables and you get to tape squares on the floor because, in corporate's eyes, we're too stupid to know where to park conveyances

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Post ID: @tfh+1hADY1tg

Should not be concerning. This has been planned. Stores are being surveyed so blueprints will be custom to your store.

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Post ID: @klf+1hADY1tg

Scary times.....

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Post ID: @kei+1hADY1tg

Seems concerning

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Post ID: @lkm+1hADY1tg

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