- Activist investors recently released a presentation slamming Bed Bath & Beyond for everything from messy stores to CEO pay.
- Slide after slide of the presentation describes different parts of the company that activist investors believe to be "broken."
- Here are 10 of the most brutal criticisms investors lobbed at Bed Bath & Beyond.
- Visit Business Insider’s homepage for more stories.
Bed Bath & Beyond is under fire for messy stores, "excessive compensation" of executives, and an abundance of garbage cans.
A group of activist investors — Legion Partners, Macellum Capital Management, and Ancora Advisors — recently released a brutal presentation slamming Bed Bath & Beyond’s leadership.
The 168-slide presentation takes issue with everything from executive compensation to clutter in stores’ aisles. Slide after slide describes different parts of the company that activist investors say are "broken."
Bed Bath & Beyond said that it is already taking action on many of the issues highlighted by the activist investors.
Read more: An activist investor group is slamming Bed Bath & Beyond for selling ‘garbage cans galore’
"Upon our initial review, it appears that most of the operational areas targeted for improvement include actions the Company is already taking as part of its transformation plan, which are already well underway, or have been substantially completed," the company said in a statement on Friday.
"Other target areas identified include actions that have been, and continue to be, considered by Bed Bath & Beyond. The company will provide a more detailed response at the appropriate time."
Here are 10 of the most savage criticisms investors lobbed at Bed Bath & Beyond:
Many of the most brutal criticisms are focused on Bed Bath & Beyond’s "poor shopping environment that is neither experiential nor curated."
Business Insider/Jessica Tyler
The presentation also puts it more bluntly: "Stores are a mess."
Business Insider/Jessica Tyler
More snark from the same slide: "Customers need to be able to walk down the aisle to purchase the product."
Business Insider/Jessica Tyler
See the rest of the story at Business Insider
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SEE ALSO: Bed Bath & Beyond customers are starting not to care about the best reason to shop there
Source: Business Insider – ktaylor@businessinsider.com (Kate Taylor)