Bed Bath & Beyond Is Back With Plans For 300 New Stores, But None In California
1. Bed Bath & Beyond avoids California due to high operational costs. 2. CEO Lemonis cites regulations and expenses as barriers to profitability. 3. Company plans 300 new store openings, starting with Nashville, TN. 4. Past revenues fell significantly, but operating losses decreased. 5. Kirkland's will assist in rebranding and operating BB&B stores.