The information that retail big Mattress Bathtub & Past may be spiraling in direction of chapter didn’t appear to shock these on Twitter, with journalists, hosts and customers evaluating visiting retailer places to getting into into an “deserted, post-apocalyptic” nightmare. Others mentioned it reminded them of a “dying mall.”
The chain warned shareholders on Thursday that it could not survive. Earnings are down a 3rd from the earlier 12 months. President and CEO Sue Grove mentioned in an replace that the “firm has concluded that there’s substantial doubt concerning the firm’s capability to proceed as a going concern.”
This didn’t look like a shock on Twitter. Podcast host Grace Randolph instructed her 138,000 followers: “Yesterday, I went to a Mattress Bathtub & Past and there have been so few objects on the cabinets it was like being in an deserted post-apocalyptic retailer.”
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Mattress Bathtub & Past retailer in Marlton, N.J., Oct. 29, 2022
Cartoonist and author John Leavitt provided an analogous conclusion, noting, “Months and months in the past I popped right into a BB&B for some glasses and the shop was in terminal Dying Mall mode.”
Tech journalist Paris Martineau insisted that “it’s genuinely close to unattainable to search out what you’re searching for at Mattress Bathtub & Past nowadays.” She added, “I used to love looking there pre-COVID, however now every retailer is sort of a sparsely stocked labyrinth.”
Bloomberg author Claire Boston summarized the mounting unhealthy information for the corporate, noting that “all choices together with chapter” are on the desk.
Jokesters instantly jumped on Mattress Bathtub and Past’s title. Podcast host @BrettRedacted snarked, “In a cost-cutting measure, Mattress Bathtub will drop the Past.” Person Maria Teresa had an analogous thought, mourning, “The Nice Past comes for us all.” William Bruce West provided this early eulogy on the corporate: “It is the Past that did them in. Merely aimed too excessive.”
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FILE PHOTO: Signage is seen at a Mattress Bathtub & Past retailer in Manhattan, New York Metropolis, U.S., June 29, 2022. REUTERS/Andrew Kelly/File Picture (REUTERS/Andrew Kelly/File Picture / Reuters Images)
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