Tag Archives: bed bath and beyond

It’s just plain greed…

Well…not sure if you’ve heard that Bed, bath, and beyond just filed for bankruptcy the other day or if you’ve heard what the management did shortly before that filing but it is one of the worst things I have ever heard….the company had been flailing around for years as they couldn’t figure out how to make a brick and mortar store move into the present and defend itself from online retailers like Amazon…that same shitty management is the one that declared bankruptcy but not before they stole a billion dollars from the company in the form of stock buybacks and direct cash payments to management while long term employees got nothing…no notice, no severance, no health insurance, no nothing for anybody but the owners and managers. It is just plain greed that these people are allowed to gut the company and enrich themselves while their creditors and employees are left holding the bag…typical American business practices…all of the management should be in jail for theft…geez…