I don’t understand why they would hire someone at 750K when they have someone who has been doing this job for a while as well as his job and is good at it. Yet they can’t afford to pay severance to the employees they terminated. As bad as the... — read more
https://bedbathandbeyond.gcs-web.com/static-files/2fc46144-7e9a-4083-b728-3f6cab2d1545 This is the most up to date list available straight from BBBY.
We are the last on the list in case of bankruptcy. Meaning whoever is laid off will get a big fat zero from now on. Perfect. Just perfect. As if things weren't bad enough at Bed Bath & Beyond as it is, now we're hit with this as well. I can't believe... — read more
Link to article: https://finance.yahoo.com/news/exclusive-bed-bath-beyond-preparing-031519167.html You may as well check out the video on Chris Cronin's YT channel.
Link to the sites: https://www.bedbathandbeyond.com/store/static/harmon#. https://web.archive.org/web/20230128025652/https://www.harmonfacevalues.com/ Or go to the Chris Cronin's YT channel to see a latest video about it
Yahoo article. Don't go shooting the messenger- shoot the "sources who don't want to be named" Came out evening of 1/30 but also gives wiggle room for takeover, but more likely after the BK. Severance checks may have to go to Sixth St. partners... — read more
Does anybody in the latest round of closing/liquidation stores know anything about severance payments or if a retention bonus is being offered?
Can anyone tell me if the BBBY store in Vancouver, Washington at Vancouver Plaza is closing. Trying to order store pickup and it says zero items are available for store pickup, but other locations in my area have several items showing available. I’m... — read more
No idea why. Well, some idea but not speculating.
Open website. Click store pickup. Click find a store. Click browse by state. Choose your state. All stores in liquidation have curbside pick-up turned off.
The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more
Link to the article: https://finance.yahoo.com/bed-bath--beyond-makes-desperate-move-while-teetering-toward-bankruptcy-183136890.html Link to the video: https://www.youtube.com/watch?v=KvSbfuvOBmQ&feature=youtu.be
For all of you still paying into your 401k.. STOP! If I could see into the future you will not be getting a company match at the end of the year!
Not asking specifics but the vibe that is not being mentioned is that a few can't answer. Is there a confidentiality agreement involved and that is why no one with a business sense has mentioned anything about this question
They interviewed the founders yesterday and they said that they goofed about not getting into online sales and curbside pick up like other retailers were starting. Yes they goofed but they are laughing all the way to the bank. They got greedy and... — read more
It looks like it may all be over. They can't get anybody to fund CH11 for them. This is why the announcement is taking so long. Nobody comes in to fund CH11, it's fire sale time. Company is preparing for bankruptcy without bidder in place Retailer... — read more
What's taking them so long to post it?
How can a company that can’t pay its bills higher someone for $30,000 a month?! Sure let’s pay them, while knowing we won’t be able to pay our actual employees. This company is done for.
use it or lose it now pto is washed out when bbby files for bankruptcy worked for Ames I know
How do they justify hiring a new VP for $750k. The c suite crew are just a bunch of hacks. They can blame Covid and the customers but the real blame falls on the poor mismanagement of the leaders at 650 Liberty oh wait they have been working from... — read more
Other people in my circle are asking
I just received an email from Lynda M saying they were not paying the most recent severance payments.
The company was also considering skipping debt payments due on Feb. 1, a source had told Reuters.
https://finance.yahoo.com/m/f9951ebb-f6b2-32e5-91a4-ae50566a7853/bed-bath-beyond-says-banks.html People have been trying to tell you to get out of this company. I hope you listened. I really do.
https://finance.yahoo.com/m/d2ce6006-d426-35a3-bd36-d52cfe28c4bd/bed-bath-beyond-says-it.html And Bloodbath cannot give them that.
https://finance.yahoo.com/m/96756f87-db43-3140-bade-5ffadf0a331b/bed-bath-beyond-stock.html Let's see the memers discount this. Should be fun.
Harmon layoffs started today
Hold on it’s going to get ugly!
kick these pukes to the curb! evp of diversity evp of pricing director of anything. svp customerexperienc we have no customers there should not be anyone making more than 80k at corporate and no vp evp director titltles they are all id--ts
Are any stores doing inventory next month? We keep getting sketchy info in our store like it's maybe going to be moved etc. Not the usual sense of urgency at all. 😳
The website is barely loading today no matter which device I go to it on. Guess there’s nobody left to fix it? Or why bother since liquidation sales aren’t held online.
Look up the definition and see if you think it applies to corporate in this case. Who wants to be slaughtered for these goats?
The Board of Directors canceled huge amount of their stocks in exchange for cash. That’s what these SEC filing from today show. Is this a sign that they are cashing out while they still can? And amazing that they can do this while regular... — read more
With no more inventory being sent to the store, will the company file for Chapter 7 today or tomorrow?
Anyone know what these HR calls are about? SM are being tight lipped and saying they are just a "touch base" calls. I call BS... but, what do I know. I do know we haven't received any freight since the second week of Jan. Our inventory hasn't been... — read more