Thread regarding Bed Bath & Beyond layoffs

The odd thing here is also the pattern. They spent all that money refurbishing the Orland store as the future of how the larger stores should look in the district. Then they closed the thing. Now they refurb all the rest of the stores only to close them. The leadership has no idea what they are doing here. For all those id--t posts about "do you have a business degree?" It never took one to know where this place was heading. Common sense told you that. Yeah, trust in MT, he knows what he is doing. /s. Who's next?

I cannot think of a single good leader from 2016-2020 when I worked here. It was all great plans and then forgetting the plans were ever made. "We'll be scaling back and look more like the Orland store with no topstock". Then the Orland store gets closed. "we'll be going for our own brands" and then their surplus of $1.1 billion turns to $108 million in a year? (making these brands, or what?) Numbers of closing stores have gotten revised constantly- another poster is more than right that Tritton wanted 200 gone and never reached that mark. What does this tell the average good investor as opposed to the quick buck meme person? The long term investor instead of the one who has never been in the store?

There is also some idea that BBBY will not be able to sort out secured from unsecured debt without actually filing bankruptcy. Just passing that along.