Bed Bath & Beyond Executive Chairman Marcus Lemonis implied that Gov. Gavin Newsom’s social media strategy is shutting out “investment and capital” into California. “I would think a governor would want to attract investment and capital into the state.

Bed Bath and Beyond executive chairman Marcus Lemonis said he won't reopen retail stores in California, taking a shot at Gov. Gavin Newsom and calling the state a risky environment for business.

Bed Bath & Beyond is making a comeback —but not in California. Executive Chairman Marcus Lemonis announced on Aug. 20 that the company will not reopen any state brick-and-mortar stores, opting to serve its 39 million residents solely through delivery.