BREAKING: Retail Chain That Dumped Mike Lindell’s MyPillow Takes Uncool Action

(Republican Insider) – Bed, Bath, & Beyond, which was one of the first companies to stop selling Mike Lindell’s MyPillow products due to his challenging of the 2020 presidential election results, is now cutting down on the use of air conditioning in its stores as a means of compensating for bad sales, according to a new report released by Bank of America.

According to WND, the nationwide retail chain’s decision back in January of 2021 to drop Lindell’s products was soon followed up by a boycott. During the later part of the month, shares for the company dropped like a rock, going down 36.4 percent, which is the biggest one-day loss the company has experienced since going public in the summer of 1992.

The company kicked off 2022 planning to shut down 37 stores in 19 states.

“Earlier this month, Walmart discontinued Lindell’s MyPillow product at its stores. In January, Lindell said one of the nation’s largest banks move to dump the nine businesses and charities he has founded in the wake of his success with MyPillow,” WND reported.

“A representative of Bed Bath & Beyond told CNN Business there has been no order from corporate to change store temperature guidelines. But analysts at Bank of America who have visited stores, the network said, ‘report mounting concerns, including labor hours that have been meaningfully cut, scaled back utilities, reduced store operating hours and canceled remodeling projects,'” the report continued.

According to analysts, even more stores are expected to close. CNN also pointed out that fire sales and price reductions are popping up everywhere, including some up to 50 percent off bedding and furniture products.

“An easing of COVID restrictions means a lower demand for home goods and supply chain problems have led to a lack of inventory to attract customers, they said. However, competitors, including Walmart and Target, have seen their traffic remain steady. Meanwhile, Bed Bath & Beyond is down 20% to 30% year-over-year,” WND’s report concluded.

So what’s the big takeaway from all of this?

Simple.

Go woke, go broke.

All of the company’s financial troubles started happening when they made the decision to put politics ahead of profit. Allowing the beliefs of a CEO over the outcome of an election to be placed above making money opened the door for a boycott that truly did damage their bottom line, and it’s looking like they may not be able to recover.

The question they need to ask themselves right now is was it worth it?

Copyright 2022. RepublicanInsider.org

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5 COMMENTS

  1. Some companies like people are slow learners. Bed Bath and Beyond must know by now the ‘go woke, go broke’ does ring true. To pursue one individual to the point of destroying him financially is so low. Now it’s Bed Bath and Beyond’s turn to take a hit in the pocket.
    Couldn’t happen to a nicer company.

    • Well stated Sandra. I would never purchase anything from Bed Bath and Beyond after what they have done to The Pillow Guy. If they go broke, I will not shed a single tear. What they did was mean and nasty so turn about is fair play.

  2. I am fed up with businesses thinking they should stick their noses in politics. Run your business, keep your mouth shut and vote for whoever you damn well please, but keep your business out of it!

  3. “You can avoid reality, but you can’t avoid the consequences of avoiding reality.” Ayn Rand

    Now they suffer the consequences and it’s biting them in the butt.

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