Bed Bath & Beyond on Wednesday said it will not open stores or operate in California as it issued a scathing rebuke of the state’s intense lefty policies.

Marcus Lemonis, executive chairman of Bed Bath & Beyond, said the decision “isn’t about politics – it’s about reality.”

“California has created one of the most overregulated, expensive and risky environments for businesses in America,” he said in a press release. 3

“The result? Higher taxes, higher fees, higher wages that many businesses simply cannot sustain, and endless regulations that strangle growth.”

The beleaguered chain has launched a return to retail after filing for bankruptcy and closing hundreds of stores just two years ago.

It cited a commitment to shareholders and “common sense” business practices as its reasoni

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