Chanhassen, Minnesota-based My Pillow, Inc., the direct marketing company that specializes in bedding, has announced that it is restructuring its operations in Shakopee, Minnesota and re-purposing the facility to accommodate a new venture, an on-line store where inventors and entrepreneurs can sell their products. The new operation will be known as MyStore.com and will result in the layoffs of 150 current workers. According to founder Mike Lindell, “I value each and every one of my employees so this is a difficult decision, however this is what is best right now for the future of MyPillow and to prepare for the launch of MyStore.com. As we prepare for the launch of MyStore.com, we are changing the layout of our Shakopee factories so the fulfillment and shipping of all MyStore products can happen here.”
The company currently has an “F” rating with the Better Business Bureau due to deceptive or misleading advertising claims suggesting that pricing offers are time-limited when they are continually available. The company has also paid more than $1 million to resolve unsubstantiated health care claims relating to its products.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... are you now wondering, Am I Next?