Bed Bath & Beyond to Close Three More Stores in Los Angeles, Orange Counties https://t.co/ELCIzMhY3Q
— Paul Epps (@paulepps) January 14, 2023
The company is closing about 150 stores overall, plus layoffs in corporate and supply chain.
You can swap new company names (Coinbase, Goldman Sachs, etc.) into these layoffs and closing stores stories every day and still get sunny government economic reports based on nothing I can see except unbelievably low unemployment numbers.
And when I say “unbelievably low,” I mean literally not believable (see here and here).