Bed Bath & Beyond Goes Broke: Retailer to Shutter Stores, Cut Staff After Cancelling MyPillow Last Year...after being on the receiving end of intense social media backlash, including successful conservative-led boycotts of the company, claimed that it only canceled MyPillow due to a decreased demand - The Great Awakening

Bed Bath & Beyond Goes Broke: Retailer to Shutter Stores, Cut Staff After Cancelling MyPillow Last Year...after being on the receiving end of intense social media backlash, including successful conservative-led boycotts of the company, claimed that it only canceled MyPillow due to a decreased demand (pjmedia.com)

posted 2 years ago by Taffy333 2 years ago by Taffy333 +269 / -2

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– FuckNewsom 6 points 2 years ago +6 / -0

BBBY was being being run into the ground just like they (corrupt hedge funds, Bezos, Boston Consulting Group) have done with so many other Amazon competitors (Sears, Blockbuster, Toys R us, etc).

Ryan Cohen stepped in and did the same thing he did for GameStop. He bought enough shares to have a voice. He got the CEO who was (intentionally?) running the company into the ground fired. He got three board members (BCG infiltrators?) replaced with his handpicked people. Now that the BBBY swamp has been drained, the renewed board of directors has gone to work to reverse course, and steer the company toward profitability.

Again, the exact same thing he did to save, and turn around, GameStop.

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– MissMagaMillenial 1 point 2 years ago +1 / -0

Cohen sold his stake and got out of it pretty fast though

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