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MyPillow CEO Mike Lindell Makes Heartbreaking Statement: “It was a massive, massive cancellation, we lost $100 million”



MyPillow is auctioning off hundreds of pieces of equipment and subleasing manufacturing space after several shopping networks and major retailers took the company’s products off shelves.

But Founder and CEO Mike Lindell says he will be vindicated and vows to fight on.

Lindell’s company listed more than 850 “surplus equipment” items on the online auction site K-Bid. Sewing machines, industrial fabric spreaders, forklifts, desks, chairs, etc are up for auction.

Lindell said MyPillow has taken a big loss in revenue as Walmart, Bed Bath & Beyond and Slumberland Furniture all said they will no longer sell MyPillow and the company is consolidating its operations.

“It was a massive, massive cancellation,” Lindell said. “We lost $100 million from attacks by the box stores, the shopping networks, the shopping channels, all of them did cancel culture on us.”

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“We kind of needed a building and a half, but now with these moves we’re making, we can get it down to our one building.

“If the box stores ever came back we could have it if we needed it, but we don’t need that.

“It affected a lot of things when you lose that big of a chunk of revenue,” he said.

Lindell says he has not had to lay off any employees, yet, but some have left the company after being given new roles.

And he added that Menards, Fleet Farm and Ace, continue to carry MyPillow products.



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