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.
Statement from Marcus Lemonis, Executive Chairman of Bed Bath & Beyond
We will not open or operate retail stores in California.
This decision isn’t about politics — it’s about reality.
California has created one of the most overregulated, expensive, and risky environments for businesses in America. It’s a system that makes it harder to employ people, harder to keep doors open, and harder to deliver value to customers.
The result? Higher taxes, higher fees, higher wages that many businesses simply cannot sustain, and endless regulations that strangle growth. Even when the state announces a budget surplus, it’s built on the backs of ordinary citizens who are paying too much and businesses who are squeezed until they break.
At Bed Bath & Beyond, our responsibility is to our customers and our shareholders. We will not participate in a system that undermines both. Instead, we are investing in a California strategy that works: 24 48 hour delivery, and in many cases, same-day service. Californians will continue to get the products they love through BedBathandBeyond.com
— but without the inflated costs created by an unsustainable model.
We’re taking a stand because it’s time for common sense.
Businesses deserve the chance to succeed. Employees deserve jobs that last. And customers deserve fair prices.
California’s system delivers the opposite. That’s why Bed Bath & Beyond will serve California customers directly through BedBathandBeyond.com, on our terms, and with their best interests at heart.
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.
The post “This Isn’t About Politics – It’s About Reality” – Bed Bath and Beyond’s CEO Announces Company is Closing All Retail Stores in Newsom’s California – Newsom’s Press Office Releases Sneering Response appeared first on The Gateway Pundit.