Welcome to California, Bed, Bath & Beyond!
What you need to know: California continues to be a great place to do business — and is excited to welcome a dozen Bed, Bath, & Beyond stores as the company reopens in the Golden State.
SACRAMENTO — California’s economy continues to dominate as the largest and most dynamic economy in the nation, and is home to more businesses and workers than any other state. California is fostering growth in sectors across the board, creating jobs and spurring economic activity – including in the retail sector.
Today, Bed Bath & Beyond announced it will reopen and operate a dozen stores across the state.
“There’s a lot of profit to be made in California — and we’re thrilled that Bed, Bath & Beyond is opening stores in the Golden State and taking advantage of the benefits of the world’s fastest-growing economy. Welcome to California!”
Governor Gavin Newsom
Businesses like Bed, Bath & Beyond know that investing in California not only serves their customers’ best interests — it also serves the bottom line. It’s economic common sense.
California’s economy is dominating
California’s economy continues to dominate, making it the nation’s largest — and outpacing all states and every developed nation, according to a recent Bloomberg analysis. In 2025, California’s economy grew another 5% to reach a record $4.25 trillion. California outperformed every other state in the nation — continuing a 16-year growth streak, growing faster than the second-largest state, Texas, in 2025.
California creates substantially more businesses than other states, including Florida and Texas — leading to more jobs and opportunities for our workers. California is home to more than 4.3 million small businesses, representing 99.8 percent of all businesses in the state and employing 7.6 million people.
California’s population continues to increase and when it comes to economic leadership, California leads the nation as:
- #1 in Fortune 500 companies
- #1 in new business starts
- #1 in manufacturing
- #1 in venture capital funding
- #1 in high-tech business
- #1 in agriculture