Trump Supporter And My Pillow Owner Says Company Facing 'Massive, Massive Cancellation' Due To Attack By Big Box Stores
Portfolio Pulse from Benzinga Neuro
MyPillow, led by CEO Mike Lindell, a supporter of former President Donald Trump, is facing significant business challenges due to 'massive, massive cancellation' from big box stores. The company lost $100 million as retailers like Walmart Inc, Bed Bath & Beyond, and Kohl's Corporation pulled MyPillow products from their shelves following Lindell's controversial claims about the 2020 presidential election.
July 13, 2023 | 1:05 am
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NEUTRAL IMPACT
Bed Bath & Beyond pulled MyPillow products from their shelves due to the CEO's controversial claims about the 2020 election.
The decision to pull MyPillow products may not have a significant impact on Bed Bath & Beyond's overall sales due to its diverse product range.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Kohl's Corporation pulled MyPillow products from their shelves due to the CEO's controversial claims about the 2020 election.
The decision to pull MyPillow products may not have a significant impact on Kohl's Corporation's overall sales due to its diverse product range.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Walmart pulled MyPillow products from their shelves due to the CEO's controversial claims about the 2020 election.
The decision to pull MyPillow products may not have a significant impact on Walmart's overall sales due to its diverse product range.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50