Bed Bath & Beyond executive chairman Marcus Lemonis announced no BB&B stores will open in California, as the company plans to open 300 new stores.

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.

Marcus Lemonis, Bed Bath & Beyond Executive Chairman said in a statement issued Aug. 20 that the company will not open a brick-and-mortar location in California. Lemonis said that the state, home to over 39 million people, will be served solely through delivery.