Bed Bath & Beyond Declines to Open Stores in California, Citing Taxes and Regulations
Marcus Lemonis, CEO of Bed Bath & Beyond, announced the retailer will not open physical stores in California due to what he described as the state’s “unsustainable” business environment, marked by heavy regulations and high taxes. Instead, the company plans to serve California customers through rapid online delivery.
This move adds pressure on Governor Gavin Newsom, a potential Democratic presidential candidate for 2028, who has faced criticism over sanctuary policies and rising tensions with the Trump administration. The recent arrest of an individual by Border Patrol officers outside a Los Angeles rally attended by Newsom further escalated the friction, with Newsom’s office issuing a strongly worded statement calling former President Trump a “CRIMINAL PRESIDENT.”
