Bed Bath & Beyond has filed for bankruptcy shortly after spending $1B in stock buybacks & cash payments to shareholders. Employees of 20 years got 0 notice & $0 severance.

It wasn't inflation. It wasn't labor cost. It is 100% corporate greed.

Tax billionaires. Unionize workers. Protect our economy.

@QasimRashid There's a retail apocalypse going on right now. Lot of places are closing. Bed bath and beyond sold nothing that Target and Walmart didn't sell cheaper.
@britishtechguru @QasimRashid
Cheaper is part of the problem.
Target and Walmart are two stores that sell fairly crappy stuff for low prices. People who are under paid can only afford crappy stuff, made by slave labor elsewhere.
The crappy stuff soon gets tossed, broken and unusable, onto the heap with the broken people who made it and those who bought it.
Over-consumption of crappy stuff makes the rich richer, and the poor desperate.
@EugestShirley @QasimRashid Your target there should be the cancerous epidemic of dollar stores where minuscule quantities of things are sold for close to a dollar and where the packaging costs more than the product inside.Those are there to milk the poor who think they're getting away with something cheap. What they actually get is watered down and small quantities at proportionally higher prices.
@britishtechguru @QasimRashid
My comment was responding to the stores you named. I would agree that going to a dollar store to buy things barely worth a dollar is seldom useful.
Cheaper is a goal that seldom serves its intended purpose.
@EugestShirley @QasimRashid People always look for the cheapest without realising that it is rarely the best option. The best example I can think of before I leap into my car to go to work (it's5:10am) is crossing America. The cheapest, slowest and most unpleasant would be the Greyhound. More comfortable and considerably less "romantic" than portrayed would be the train. The fastest and easiest though less comfortable would be to fly. In terms of cost I'm not 100% sure but the bus is likely cheapest then the train and the plane.