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Salon
Salon
Gabriella Ferrigine

MyPillow loses $100 million in revenue

MyPillow is going broke.

The pro-Trump company announced recently that it will be forced to auction off an expansive amount of equipment after networks and prominent retailers severed ties with the sleep company, following CEO Mike Lindell's controversial claims about the 2020 presidential election. The StarTribune reported that the Minnesota-based manufacturer recently listed more than 850 items — such as sewing machines, industrial fabric spreaders, and forklifts — on the online auction website K-Bid. Lindell revealed that the company has seen a significant plummet in revenue, leading to the consolidation of resources.  Walmart, Bed Bath & Beyond and Slumberland Furniture all stated that they will cease selling MyPillow products as Lindell continues to peddle a false claim about how the 2020 election was stolen from former president Donald Trump.

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