comment: >
  
  I was just in a BB&B yesterday. I wanted a flatop turner, i.e. those heavy spatulas with a sort of sharp edge used to manhandle food in diners and sub shops. They had none, no quality implements of any kind, and compared to the last time I was in there a few months back, they had maybe 20% of what they used to carry, with  the shelving jostled around to take up more space. Looks like Kmart did 20 years ago, and Sears 10 or so years before that.
context: Bed, Bath and Beyond screwed up by filling their stores with lower quality stuff to keep the price down. I used to go to the store when I wanted a product that was not some shitty alibaba special off Amazon. I was willing to pay a little extra to have a few good options. Suddenly the store got filled up with the same cheap Chinese shit on Amazon but with higher prices. >
  
  They relied far too long on those 20% off coupons and also haven't updated their brand or stores since the mid-1990's. >
  
  Kohl's fell into the same death spiral. Worked there for many years in college, and one of my coworkers had been there for 20. Watched the coupons climb from 10%, to 15%, to 20% and now 40%. 
  It's a death spiral, because now people don't shop for anything less than a 30% off coupon. Kohl's has tried to fix this by exempting entire brands from percent off coupons, but this just pisses off customers, because they don't read the fine print. >
  
  I've gone back to Macy's because they learned their lesson
   Went to shit for half a decade but I've noticed a huge improvement after they stopped the crazy sales >
  
  Macy's completely blew their image though.  Nordstrom is the only place that gets that the whole store is supposed to be nice - ship the garbage off to Nordstrom Rack.  It's supposed to be fun to spend an extra nickel and buy a nice pair of shoes or coat once or twice a year at a fancy store, get treated nice by staff and not feel like you're animal at the zoo. >
  
  I never thought of Macy's as an ultra high end store. It's an everyman store that has some nice things to splurge on. Nordstrom goes the extra mile by turning it into an experience, complete with reasonably priced seam adjustments. My wife does my seam work now but Nordstrom was my go to if I wanted a fitted shirt for a long time. >
  
  Macy's used to be nicer.  They've always had a discount rack but it used to be more upscale.  They've filled in the gap left by Sears, which was more household items and cheaper clothes.  Macy's has a lot more chatchka crap than they used to have; unsold toys and kitchen items, junk. >
  
  Charging 28.97 dollars for a 3 dollar dish rack isn't a great business model. Shocking, but true. >
  
  That too. >
  
  A friend of mine had her wedding registry there. Somehow, BB&B decided not to ship any of the gifts and instead give her store credit to buy them herself. It was so stupid…so all of the gift givers basically gave BB&B an interest free loan while the bride assumed her gifts were being sent. >
  
  Yikes! What if they were out of stock on some things? Let me guess griftcards! >
  
  We actually shopped at Bed Bath & Beyond a few times for things like memory foam pillows and other thingd spent a few thousand over the years. The whole Bed and bath thing.
  We went back to it a few months ago and the section is replaced with shitty generic alibaba sourced pillows, generic sheets with their shitty low quality house brand.
  We litterally came in to purposely spend money and we walked away without spending anything. And worst part is their low quality crap is still nearly as expensive as their previous stuff.
  They made a meme of themselves. And they still give out those 20% coupons that cannot be used. >
  
  Now it’s 20% off all employees amirite >
  
  The store is overpriced with a bunch of junk >
  
  It’s junk in the most pure sense. 
  Even if everything in the store was 100% free, I’d leave most of the SKUs there. It’s all clutter and crappy shit nobody needs. 
  You can’t say the same thing for companies that are doing well. (I’d love a $5,000 gift card to Home Depot, Target, hell…even WalMart) >
  
  I got a better Gap comforter and sheets set from Walmart.com for $20 than I got from Bed Bath and Beyond for $150. BBY is shit. >
  
  My local BBY is right across the hall from a Target.  I'm fairly certain I can find the exact same products in Target for 20-30% less than at BBY. >
  
  This is a long time coming; I still remember the first time I went to the store in the 90s, it was packed with customers, the layout felt fresh, and the workers were nice. Fast forward to my last 4 visits, absolute GHOST TOWN, workers with shitty attitudes, same dated layout, shitty over priced products, even their clearance section was overpriced crap. Don’t even get me started about their Beyond section… >
  
  An overpriced big box store full of shit no one buys is struggling to survive with their antiquated business model >
  
  Check out r/bbby for a good laugh. Another financial meme stock cult who is convinced a failing retailer losing $300M a quarter is going to moon any day now. >
  
  My last 3 visits (in the past 5 years) was me basically doing a lap around the inside and leaving. Their store design sucks and too busy/crowded. If I stop and try to browse, it always feel like I'm in someone's way. >
  
  You should visit there in the last year every store around here they've done a big redesign and 60% of the store feels empty compared to the clutter that was before. >
  
  I'll check it out. 15 years ago it used to be one of those places I would walk in and spend 100 dollars every time. >
  
  Just as long as Captain Gene still has his second job I can cope. >
  
  Hopefully he won't go chasing waterfalls if he's let go. His son needs to stand on his own two feet anyway. >
  
  Was that accidental or were you trying to quote TLC on purpose? >
  
  I don't even understand the reference. >
  
  Guess I gotta creep. >
  
  Their financial statement released today points to them having about 1.5 months of cash left back in the end of November, which is almost 1.5 months ago.
  Expect a lot more people getting fired. >
  
  That doesn’t mean they had no positive cash flow since then though, especially during the holiday season. They could still be at a 1.5 month runway. >
  
  They aren’t fighting to survive for any noble reason. They’re fighting to survive because they spent all their money on stock buybacks before they decided to tank their business. >
  
  Is there anything you can get at Bed Bath & Beyond that you can’t get off Amazon? If I’m shopping at a physical location, I’m looking for some high quality stuff that I can look over with my eyes, not the cheapest shit to get the job done. We have Amazon for that. >
  
  Not even from  Amazon, but from Target or Walmart or other online retailers. They don’t offer anything really special in their stores that makes me want to go in there even when I am in front of one. My wife worked right next door to one at a mall and I was never, “maybe I’ll pop in there to look around” whenever I had to wait for her to get off work. >
  
  Remember, most corporate loans are adjustable rates. With higher interest rates and the era of easy money over, you're gonna see a lot of retail bankruptcies this year. A lot of zombie retail businesses need to be put out to pasture at this point. >
  
  Need a source for most corporate loans being adjustable rates >
  
  Gee, it's almost like the shrinking middle class Americans don't have disposable income to overspend on bullshit homewares anymore and are shopping at places with more reasonable prices.
  Furniture stores are the next business on the chopping block as more people buy lower priced furniture from Ikea instead of Rooms-To-Go... >
  
  Or it just has an outdated business model that is rendered unprofittable by other companies that can deliver the same quality product at a cheaper price point without needing to leave the house. 
  I can buy the same overpriced OXO pop container on Amazon, why go to BBB? I can buy the same low quality drapes on Amazon too. >
  
  I’ve been using the OXO salt and pepper grinders for almost 15 years now, good stuff. BBB doesn’t sell stuff like that anymore though. >
  
  Their pasta containers are legit as well. I love ours! >
  
  I'm shocked they are still open >
  
  Alternative Title:
  BB&B executives try to offset the cost of their ineptitude onto their workers >
  
  Didn’t the CEO commit suicide after they closed a bunch of stores? >
  
  CFO. He went to the Bed Bath & Great Beyond >
  
  Well when you overprice decor... >
  
  That store gives me a headache. Too crowded and disorganized, and it smells strongly of potpourri and candles. Ugh.