Subject: BBB bodies California
Not the Better Business Bureau, but Bed, Bath & Beyond. They're basically saying they won't ever have a physical presence in California:
https://www.investing.com/news...
MURRAY, Utah - Beyond, Inc. (NYSE:BYON) announced Wednesday that its Bed Bath & Beyond brand will not establish physical retail stores in California, opting instead to serve customers in the state exclusively through its e-commerce platform.
Marcus Lemonis, Executive Chairman of Bed Bath & Beyond, stated that California’s regulatory environment makes it difficult for businesses to operate profitably in the state. The company cited high taxes, fees, wages, and regulations as factors in its decision.
"At Bed Bath & Beyond, our responsibility is to our customers and our shareholders. We will not participate in a system that undermines both," Lemonis said in a press release statement.
The retailer plans to continue serving California customers through BedBathandBeyond.com with 24-48 hour delivery options and same-day service in some areas.
In a sane world a guy like Gavin Newsom would have zero political future, but we don't live in a sane world.