The CEO of the retailer Bed Bath & Beyond issued a stinging rebuke of California and said he won’t be expanding to the Golden State thanks to Democrat-imposed regulatory burdens.
“We will not open or operate retail stores in California,” began a statement from Marcus Lemonis.
“This 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. It’s a system that makes it harder to employ people, harder to keep doors open, and harder to deliver value to customers,” Lemonis continued.
“The result? Higher taxes, higher fees, higher wages that many businesses simply cannot sustain, and endless regulations that strangle growth. Even when the state announces a budget surplus, it’s built on the backs of ordinary citizens who are paying too much and businesses who are squeezed until they break,” he said.
Related Posts
NBC Asks Epstein Survivors for ‘Dirt’ on Trump — It Backfires Spectacularly
Six women who say they were trafficked by Jeffrey Epstein or Ghislaine Maxwell gathered in Washington, D.C., to deliver a powerful plea for accountability and transparency. Standing…
A source claims Kevin Costner is romantically involved with a billionaire’s former partner
Kevin Costner endured a bitter divorce from handbag designer Christine Baumgartner after nearly two decades of marriage. In May 2023, Baumgartner filed for divorce, citing irreconcilable differences….
Kayleigh McEnany Flaunts Adorable Baby Girl While Revealing Long-Awaited Announcement
Fox News co-host Kayleigh McEnany is back, but not before sharing one last glimpse of her sweetest summer yet. On Wednesday, the Outnumbered anchor posted a breathtaking…
These are the serious consequences of eating… See more
Cause: Overgrowth of the Candida fungus, often due to poor oral hygiene, antibiotic use, or a weakened immune system. Symptoms: Thick, white or yellow coating Slight burning…
Social Security Announces New Cost-of-Living Adjustment (COLA) Checks – What You Need to Know
The Social Security Administration (SSA) has announced a new Cost-of-Living Adjustment (COLA) for the upcoming year, designed to help recipients manage rising inflation and increased living costs….
Epstein Survivors Deliver Unified Message That Defies Media Expectations
A carefully orchestrated media appearance aimed at extracting damaging information about a prominent political figure has taken an unexpected turn, with survivors of one of the most…
