MYPILLOW IS OPENING A NEW ONLINE VENTURE, LAYING OFF 150 EMPLOYEES
CEO Mike Lindell is reconfiguring existing space to accommodate launching an online store for entrepreneurs and inventors to sell their products, This effort will impact 150 employees.
According to 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.”
APRIL 15, 2021 — MORE COMPANIES DISCONTINUE SELLING MYPILLOW PRODUCTS
According to Mike Lindell, major warehouse discounter COSTCO has joined at least 30 other retailers like Sam’s Club, Kohls, Bed Bath & Beyond, and others who are reacting to CEO Lindell’s political activism.
FEBRUARY 23, 2021 — MYPILLOW AND CEO MIKE LINDELL SUED FOR $1.3 BILLION
Dominion Voting Systems has sued MyPillow and founder and CEO Mike Lindell for $1.3 billion over alleged defamatory remarks made by Lindell regarding Dominion’s voting equipment.
It is unknown what such a lawsuit may mean to the company’s future. Possibilities include sale, asset transfers, relocation, and licensing deals with other manufacturers.
FEBRUARY 11, 2021 — POLITICAL PRESSURE INCREASING ON COMPANY
Due to the political activities of My Pillow CEO, Mike Lindell, several companies have discontinued stocking and selling My Pillow products. A nationwide boycott has been called by social media activists. However, an opposition group seems to support the brand and only time will tell if sales are affected.
MAY 14, 2019 — Original post
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 online 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?