Thursday, September 1, 2022

Woke Bed Bath & Beyond to shutter 150 stores and cut workforce

 Woke Bed Bath & Beyond to shutter 150 stores and cut workforce – PJ Media


According to CNBC, the retailer announced this week that it will close down 150 namesake stores, as well as plans to hand out pink slips to a whopping 20% of its workforce, mostly in the supply chain and corporate sectors of the business.
" The moves were announced ahead of an expected investor update on Wednesday in the company’s seemingly desperate bid to stay afloat. 
"As you’ll recall, BBB made headlines in early 2021 after it was confirmed by MyPillow CEO Mike Lindell that the retailer had canceled his legendary MyPillow line at the same time he was involved with conservative activism on behalf of former President Donald Trump, specifically working on issues related to election fraud claims. At the time, Business Insider reported: Bed Bath & Beyond has cut ties with My Pillow, the pillow manufacturing company founded by Trump supporter Mike Lindell, the retailer confirmed to Insider.
" Lindell first reported the retailer axing his products, telling a Fox News affiliate and right-wing media outlet RSBN about stores dropping the brand. In the interviews, Lindell attributed the retailer’s decision to social media pressure led by “leftist groups.” “They’re trying to cancel companies now,” he told RSBN.". . .

Lindell Gets Last Laugh: Bed Bath and Beyond Closes Up More Shops After Break Up With Popular ‘My Pillow’ | FRONTLINE AMERICA    . . ."Recall, in 2021, when CNN  Business reported that Bed Bath and Beyond had stopped selling My Pillow products after the pressure received from leftist Cancel Culture mobs- to discontinue their association with Mike Lindell because of Lindell’s support of President Donald J. Trump.

"In their reporting, CNN took the opportunity of highlighting Bed Bath and Beyond’s business decisions to stop selling a handful of products, at the time, to insert their anti-Trump propaganda about Lindell.;"And it seems that Bed Bath and Beyond never recovered or tried to recover from the political messaging that CNN put on their product. Bed Bath and Beyond was branded as Anti-Trump, anti-America First, and anti–Republican   "CNN saw that as a winning strategy for Bed Bath and Beyond and harmful to My Pillow.   "Nevertheless, while My Pillow business has surged ahead- Bed Bath and Beyond has collapsed."


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