Thread regarding Bed Bath & Beyond layoffs

It’s going to be all C and D volume stores

The company has not announced it, but it will be all C & D volume stores that are closing. There are about 200 or so of them In the company and they are now considered dead weight given the costs to run them are too high, and are unprofitable from the standpoint they can’t equally help support the required positions in corporate and the corporate resources that they use.

Expect a list for this year to be announced in August for closing sales in Sept/ October. They do not want to enter the holiday season with liquidation stores as it hurts their margins.

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Post ID: @OP+15TX9Jo9

14 replies (most recent on top)

well your stupid if u dont think they r here lol

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Post ID: @2fom+15TX9Jo9

You don't really think corporate is "lurking" on this board? That is insane. Why would they look at some small blog where people post many things they "heard" or they "know". But do not say how they heard or know?

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Post ID: @2ock+15TX9Jo9

Ridiculous arguing over how profitable a C or D volume store is when the entire company isn't!

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Post ID: @2pto+15TX9Jo9

C and D stores are usually not profitable for the company because they don’t bring in a lot if cash. You can talk about profitability but they changed the meaning of that for the company. A D store can be profitable but if they only bring in 500k in profit to the company, that’s not supporting any corporate aspect or role.

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Post ID: @2rgh+15TX9Jo9

I’m sorry why in the world would you keep C D stores open I don’t care what anybody on here says hardly the traffic or merchandise how are you going to make money makes no sense that’s silliest thing I’ve ever heard!!!

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Post ID: @2exs+15TX9Jo9

dont think for one min that corporate isnt lurking around this board like a damn troll lol

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Post ID: @1rfw+15TX9Jo9

The volume of a store has 0, I repeat 0 to do with if a store is profitable or not. 1235 used to be a profitable store because they had no competition therefor no need to send coupons. It was a low c volume store making more profit than a+ volume stores due to the scenario. Once digital coupons started to be a thing, their profitably went down the drain. Mind you, they were still profitable when they closed. Just projected to start losing money I. The next year. Store 9 is an a+ volume store that lost 2 mil for the company 2 years back. Not about traffic or volume totally. About rent and payroll etc.

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Post ID: @1vnm+15TX9Jo9

The letter refer to the amount of volume (profit) a store does. D stores are the lowest. They don't see much foot traffic, have less employees, and not as much inventory.

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Post ID: @1jcp+15TX9Jo9

It will be based n profitability. High rent, high shrink, etc. it doesn’t matter the volume, the stores that are losing money will be the first to go.

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Post ID: @1cfl+15TX9Jo9

What is your position? How do you know? Anyone can post anything on here.

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Post ID: @1qen+15TX9Jo9

So when are layoffs ? Soon, I am guessing. Did they make the sale for Cts and Cost Plus finale? Anyone know

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Post ID: @zeg+15TX9Jo9

I am new with the company. What does c & d mean?

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Post ID: @ciz+15TX9Jo9

I may have to disagree with that though. They are looking at redundant store if they close all of the c and d stores they may have some cities with no store. Plus some c and d stores are actually very profitable due to the low payroll and low inventory.

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Post ID: @zgm+15TX9Jo9

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