Mike Lindell, the founder and CEO of MyPillow, has announced that his pro-America company has lost a staggering $100 million due to a “massive, massive cancellation” campaign.
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 Lindell asserts that 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 the company’s products.
In response, MyPillow is now 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.”
“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.
My employees and I thank you all for your continued support! pic.twitter.com/jZQpYSUHex
— Mike Lindell (@realMikeLindell) July 8, 2023
Lindell says he has not had to lay off any employees, yet.
However, some have left the company after being given new roles.
And he added that Menards, Fleet Farm, and Ace all continue to carry MyPillow products.
MyPillow had become a target for the Left’s cancel culture over Lindell’s public support for President Donald Trump.
The attacks increased when Lindell publicly raised concerns about the legitimacy of the 2020 election.