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Newsom mocks Bed Bath & Beyond as ‘Bankrupt’ after CA exit
short by / on Thursday, 21 August, 2025
California Governor Gavin Newsom mocked Bed Bath & Beyond after chairman Marcus Lemonis said high state costs led it to skip store openings. Newsom pointed to the chain's 2023 bankruptcy, saying, "Ok" Beyond Inc, which revived the brand, is rebranding Kirkland's stores as Bed Bath & Beyond, but not in California. Shares are up 80% this year.
read more at Stocktwits