Bed Bath & Beyond says it won’t open stores in California
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In August 2025 the retail chain announced it would not open stores in California because of "risky" business environment.
Beyond ( NYSE: BYON) CEO Marcus Lemonis is steering clear of California, calling out the state’s overregulation, high taxes, and risky business environment for his decision to not open or operate Bed Bath & Beyond retail stores in the state.
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Gavin Newsom Trades Barbs with Bed Bath & Beyond CEO After California Is Snubbed in Reopening Plans
The California governor candidly shared his thoughts on the home goods retailer explicitly stating that the state is not in its brick-and-mortar plans for its return, after filing for bankruptcy in 2023 and shuttering all of its locations.
Executive Chairman Marcus Lemonis said the home retailer won’t open stores in the state, while the fashion company cut a deal with Authentic Brands Group.
Marcus Lemonis says Bed Bath & Beyond will avoid California retail operations due to expensive regulations, instead offering online delivery within 24-48 hours.