Union, NJ- As the company continues to struggle, Bed Bath and Beyond is taking drastic measures to try and stay afloat. The shares for the major home appliance chain have fallen a whopping 87% over the last year, valuing the company at a dismal $138 million.
To write the ship the CEO and executives of the company have announced drastic changes. “We have put our heads together as a team to get this company back on the right track,” said President and CEO Sue Gove, “We obviously can’t continue down this path of hemorrhaging money.” After closing 150 stores in 2022 and filing for Chapter 11 bankruptcy just days ago, the big box chain has one foot in the grave.
“We’ve seen how many major brands are joining the woke movement,” Gove explained, “And even though it’s been detrimental to most of them, we think we can change the script, we love the woke movement.” In our Offended American news archives you can read where Bed Bath and Beyond once banned the sale of white sheets in solidarity with Black Lives Matter.
“That didn’t go as well as we hoped, and probably had a little to do with a steep dip in sales around that time, but supporting the woke movement is more important than keeping this company afloat,” Gove added, “So with that being said, from this day forward all Bed Bath and Beyond stores and Bed Bath and Beyond products will be rebranded Bed Black and Beyond in solidarity with our African-American customers and employees.” Gove also added that they will only hire African-American managers at every store and exclusively play explicit rap over the speakers as well.
Keep it here with the Offended American for updates on Bed Black and Beyond.
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