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I wrote recently that, per one estimate, between 2020 and 2025, some 500 companies have moved their headquarters or significant operations out of California to other states.
Of Bed Bath & Beyond’s 365 stores nationwide, its largest presence in the country was in California, with just under 90 stores.
Now as the chain emerges out of bankruptcy reorganization, it’s announcing plans for store reopenings nationwide.
Bed Bath & Beyond chairman Lemonis issued a press release to publicize that they “will not open or operate retail stores in California.”
The short, terse announcement is a lesson in public policy for every American.
“California has created one of the most overregulated, expensive, and risky environments for businesses in America.”
“The result? Higher taxes, higher fees, higher wages that many businesses simply cannot sustain, and endless regulations that strangle growth.”
Newsom’s response? Who cares! Adios! His office issued a statement on social media saying, “We wish them well in their efforts to become relevant again as they try to open a second store.”
Newsom has demonstrated his own vision and business acumen with his multibillion-dollar 500mile bullet train to nowhere fiasco. It was supposed to be completed by 2030, but a foot of rail has yet to be laid. Now he is scrounging for cash as President Donald Trump has pulled $4 billion in federal funding.
With Americans pouring out of blue states and moving to red states, Texas has moved to redistrict to make their state a more welcoming red. Newsom’s answer is to push to redistrict to make his state an even more discouraging blue.
The Cato Institute issues a biannual report on the nation’s governors, giving grades A to F based on tax and spending policies. In the latest report in 2024, Newsom garnered an impressive D. If Democrats want to know what’s wrong with their party, Gavin Newsom is serving as a great poster boy.
Star Parker, www. creators.com. COPYRIGHT 2025 CREATORS. COM
