A couple of weeks ago, I wrote a column laying the blame for the bankruptcy and demise of Bed Bath & Beyond on the corporate decision to buy back nearly $12 billion of stock.
Hank Reinhart respectfully disagrees. And he should know — he was in the room where it happened.
Reinhart worked at Bed Bath & Beyond from 2004 until 2020, running the corporate wedding registry business and eventually becoming vice president of customer service.