Bed Bath & Beyond, attempting to relaunch its brick-and-mortar operation, won’t be putting any stores in California, its chairman declared.

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“California has created one of the most overregulated, expensive, and risky environments for businesses in America,” said a statement Wednesday, Aug. 20, from Executive Chairman Marcus Lemonis.

“We’re taking a stand because it’s time for common sense,” the statement says, accusing the state of mandating “higher taxes, higher fees, higher wages that many businesses simply cannot sustain, and endless regulations that strangle growth.”

After filing for Chapter 11 protection in 2023, Bed Bath & Beyond closed all its physical locations. A revamped operation, Bed Bath & Beyond Home, opened a store this month in Tennessee and has said it’

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