Thread regarding Bed Bath & Beyond layoffs

Shanghai Office Closure Announced Today

Bed Bath and Beyond closed the Shanghai Sourcing Office today leaving its plans for direct sourcing and cost savings largely unknown. Bed Bath & Beyond continues to leave money in the pockets of the domestic vendor community instead of posting savings on the BBB balance sheet. The total breakdown of an already insecure infrastructure will not result in a successful rebound. The best ideas among the highest paid executives will fail as the resources needed to achieve their goals are not available and the aggressive and completely unnecessary hiring of unsustainable consultant roles will continue to empty Bed Bath and Beyond’s coffers.

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Post ID: @OP+16gOUA64

7 replies (most recent on top)

The last sentence has over 40 words. Some jokester thinks people are going to believe these posts are real.

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Post ID: @2gbs+16gOUA64

Is this info even true. Did we even have even have a "sourcing office " in China?

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Post ID: @1psu+16gOUA64

So we’re going to continue overpaying for our merchandise by going through middlemen, like we did under ST? Great.... I thought this new guy was supposed to be this amazing whiz kid who knew what he was doing?

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Post ID: @1ntc+16gOUA64

From what source are you quoting this info?

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Post ID: @vtt+16gOUA64

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