Bed Bath & Beyond CEO Marcus Lemonis slammed California’s heavy regulations and taxes, announcing the retailer will not open stores in the state. Instead, he vowed to serve Californians through fast online delivery, calling the state’s business climate “unsustainable” and unfair to both employees and customers.
The move adds political pressure on Gov. Gavin Newsom, a likely 2028 Democratic contender, as he faces criticism over sanctuary policies and clashes with the Trump administration. Tensions flared last week when Border Patrol agents made an arrest outside Newsom’s Los Angeles rally, prompting his office to fire back in an all-caps statement blasting Trump as a “CRIMINAL PRESIDENT.”
