Aug 22, 01:10 PM

Bed Bath & Beyond, Led by Marcus Lemonis, Will Open 300 Stores Nationwide but None in California Amid Newsom's Merch Launch

Bed Bath & Beyond announced it will not open or operate any retail stores in California, citing the state's overregulation, high taxes, and expensive operating costs as key factors. The company's executive chairman, Marcus Lemonis, described California as "overregulated" and "risky" for business. This decision comes as Bed Bath & Beyond plans a broader comeback with 300 new stores nationwide, excluding California. California Governor Gavin Newsom responded to the announcement with criticism of the company, which led to a public exchange between him and Lemonis. In a separate development, Newsom launched an online merchandise store featuring items that parody former President Donald Trump's MAGA campaign, including slogans like "NEWSOM WAS RIGHT" and "REAL PATRIOT." The merchandise includes $100 signed Bibles, which have reportedly sold out. Newsom's move is seen as a political strategy amid ongoing tensions with Trump supporters and his efforts related to California's redistricting.