Haha just kidding.
As of today, BBBYQ shares have been "cancelled on the Effective Date and have no value", which means that even the former biggest shareholders and people who bought yesterday have as many shares as every other person on earth (none). Many towel apes have finally come to accept that they're bagholders, but as SEARS and other meme stocks tell us, the party (city) never ends!
Because Bed Bath & Beyond sold off the IP to a different company, it can no longer be called 'Bed Bath & Beyond'. It reregistered as 20230930-DK-BUTTERFLY-1, INC -- a name that reveals the intention to let the thing stay dead. Naturally the qanon-type faction of the BBBYQ community has been going wild over this and connecting the dots 
. Their conclusion: that BBBY will reemerge from its chrysalis as 'Butterfly', they'll be reissued new Butterfly shares, and they'll finally be able to order those lambos they've been window shopping their wives and children will come back to them.
Some choice threads:
Teddy teaches us about shills + A BUTTERFLY (note that this book is a vanity project by Ryan Cohen, who's a messianic figure in the meme stock community. Apes literally, unironically decode his tweets and children's books like gematria)
There's a Canadian term called 'butterfly transaction' wow I'm getting a lambo after all!
I will never sell! (he literally can't anymore lol)
The /biz/ BBBYQ general is also pretty good, though it's mostly trolls trolling trolls.
Will the towel apes finally be showered in extravagant wealth next week? No.
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I'm more curious how bed bath and beyond managed to fail. It was mayo foid paradise.
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Years of mismanagement, e.g. very late to invest in a digital strategy, stock buybacks during COVID, replacing their wares with and expensive and low-quality own brand, etc.
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Is there a 40 minute YouTube video essay on this that I can watch while consooming my goyslop?
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only 12 mins sorry king
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Christ, the narration. "Category Keellurrrrr" "out of bUSINeeeeees" youtube essays should be illegal for people with annoying voices and accents
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I'm gonna train a speech GAN on Slavoj Zizec and upload video essays with that
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Unironically more tolerable than this fricking weird effeminate upward drawl some american accents have acquired
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Thanks king, 12 mins is aplenty to finish off my zogchow
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This channel has answered so many of my questions about the real world, like why there's so goddarn many Subway franchises.
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idk, but if you ask /r/GME_meltdown to spoonfeed you details, someone probably will.
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That sub is pretty much the only thing I use reddit for now
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Because super markets like Walmart and target started selling the exact same home decor stuff as bbby but cheaper and more convenient
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Stores weren't that big and really just sold towels and stuff. The "beyond" was kitchenware.
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It's a store that could easily be replaced/outdone by Walmart/target
It's unfortunate cuz it kills a lot of mom and pop shops off but it also kills irrelevant zombie stores like bbby too
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pop's hardware store that sells a box of screws for $15 can frick off and die
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Because they were selling an item for $60 when you could get it for $30 on Etsy or $5 on Aliexpress.
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People prefer buying $10 scented candles that they'll burn for 3 hours and they'll only use once to give off that scent for the next 12 months.
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So true
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We used to get them at my old store. They were always returned because they don't know how bad an orange scent smells to a man or that candles can be burned more than one time...
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Interesting. Please tell me more!
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Well, we used to do exchanges on opened items depending on the amount of use. So if the box was dented, missing the outer shell, or had any evidence of use at all, it'd be denied. We'd ask the cashier if this was a return because we weren't sure at first and they never said no. They always acted like it was a new purchase of the item. If someone didn't know any better, it'd get past us, but the returns department would see right through it and deny the return.
I hope that helps! I'm so glad I could answer your question without hesitation. Please don't hesitate to reach out in the future.
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It was overly expensive and trying to buy things there sucked and the employees where shit.
White women with money go to places like Williams Sonoma or whatever where the store is nice. Poor white women just buy stuff at Wal-Mart or Amazon after window-shopping at BBBY.
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I never went into one. Did you?
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I did once. The things I'll do for a woman...
It was probably more boring than just staring at the wall.
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A few times. I registered there on my first marriage. They had a pretty good wax and hand soap collection.
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My foid loved going there tho it's true.
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pandemic and trying to sell their own brands killed them, no one wanted shitty amazon basics tier home decor from bed bath and beyond
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diversity hires in management can tank any company
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