Bed Bath and Beyond’s Executive Chairman Marcus Lemonis announced on Wednesday that the company is closing all retail stores in Governor Newsom’s California.
Lemonis added, “This isn’t about politics – it’s about reality. California’s system makes it nearly impossible for businesses to succeed, and I won’t put our company, our employees, or our customers in that position.”
Bed Bath and Beyond will continue to ship to customers but is cutting out the overregulated, expensive, and risky environments for businesses in the state.
Here is the statement Marcus Lemonis posted on X earlier today.
Official statement regarding @BedBathBeyond
We will not open retail stores in California.
This isn’t about politics — it’s about reality.
California’s system makes it nearly impossible for businesses to succeed, and I won’t put our company, our employees, or our… pic.twitter.com/G5dSaigB3y— Marcus Lemonis (@marcuslemonis) August 20, 2025
Gavin Newsom’s press office released a sneering response to Bed, Bath and Beyond after their announcement, saying, “We thought Bed, Bath, and Beyond no longer existed.”
After their bankruptcy and closure of every store, like most Americans, we thought Bed, Bath & Beyond no longer existed.
We wish them well in their efforts to become relevant again as they try to open a 2nd store. https://t.co/jJt6i5icEx
— Governor Newsom Press Office (@GovPressOffice) August 20, 2025
Here is a screengrab in case Newsom’s team removes this disparaging response.
Read the full article here
