Bed Bath & Beyond executive chairman Marcus Lemonis told Newsmax on Wednesday he would “love to see Gavin Newsom out of office” in an interview railing against the California governor. “We want to be in markets where we can actually make a profit and ...

Marcus Lemonis says Bed Bath & Beyond will avoid California retail operations due to expensive regulations, instead offering online delivery within 24-48 hours.

CEO Marcus Lemonis is steering clear of California, calling out the state’s overregulation, high taxes, and risky business environment for his decision to not open or operate Bed Bath & Beyond retail stores in the state.