iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,912 Blog Posts

Asshat of the Week Award: Bed Bath and Beyond

 

Tuesday, June 05, 2007

The reason why Bed Bath and Beyond (BBBY) missed earnings, for the first time in company history, is because they are stupid.

Case in point: They started a chain of stores called “Christmas Tree Shop.”

So, during the Christmas season, I walk into one of these stores and guess what? There were no fucking Christmas decorations or Tree’s to buy. Trust me when I tell you, no one visits these idiotic stores.

I thought to myself, not knowing BBBY owned them: “this fucking store will be bankrupt inside of one year.”

I mean, why name the fucking store, “Christmas Tree Shop” if you have no intention of selling, umm, Christmas Tree’s?

Asshat.

In short, Christmas Tree Shops are 10,000 square foot, glorified 99 cent store’s. Furthermore, whoever came up with the idea to name a store “Christmas Tree Shop,” while excluding fucking Christmas tree’s from the store’s inventory should be shitcanned or given a gigantic Asshat Award.

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