Mike Lindell’s company, My Pillow, was evicted from a Minnesota warehouse for failing to pay at least $200,000 in rent. In the latest blow to the once-thriving venture, the product was pulled from shelves just before January after the CEO attended a White House rally. June 6, 2021 Capitol riot.
A judge sided with landlord First Industrial LP, which filed a lawsuit against the pillow maker for failing to pay four months’ worth of rent last year.
As a result, My Pillow was evicted from its Shakopee facility, but Lindell told a local newspaper that the warehouse has been empty since last fall.
MyPillow’s main manufacturing warehouse, where all of the company’s products are manufactured, is located approximately a mile away in the same town.
The empty warehouse is being used as retail equipment and much of it was auctioned off last year. According to the Minnesota Reform newspaper.
Lindell, who built MyPillow from scratch into a multimillion-dollar company after recovering from a crack cocaine addiction, has fended off at least two lawsuits from voting machine companies. 2020 Election.
Lindell recently told The Associated Press that he ran out of money and the company was “in ruins,” but the company has added a second warehouse since MyPillow has been sold at multiple retailers in recent years. He told the magazine that he no longer needed it.
He told the Reformer that My Pillow had subleased the space to a company that was to use it for sugar beet storage, but the new tenant backed out at the last minute.
“We were tired of it,” Lindell told the site.
Lindell has spent millions of dollars trying to prove that Donald Trump won the 2020 election and that the vote was fraudulent.
This cost his company hundreds of millions of dollars in losses. Lindell said American Express lowered the company’s loan limit from $1 million to $100,000.
As a result, Lindell said, “I had to use a debit card.”
He previously said My Pillow lost $100 million due to allegations of election fraud.
His main remaining assets at the time were his home and pickup truck, but he said he had no plans to file for bankruptcy.
Fox News, one of Lindell’s biggest advertising platforms, stopped airing a MyPillow commercial in January due to a payment dispute, which Lindell acknowledged.
Fox News and The Post share common ownership.
“We can’t pay. We can’t borrow money to pay lawyers. What happened is, MyPillow can’t pay,” Lindell said of the drop in sales.
“I have $10,000 to my name.”
And in late February, a federal judge said the company must pay $5 million to a software engineer over claims of election fraud.
Last July, Lindell began subleasing some of its manufacturing space in Minnesota, auctioning off industrial equipment ranging from forklifts to office cubicles.
He argued that the auction reflected a shift toward a direct-to-consumer approach after big box stores such as Walmart and Bed Bath & Beyond “canceled” MyPillow.
with post wire
