MyPillow surplus industrial equipment up for auction online
MINNEAPOLIS -- A large amount of surplus industrial equipment from MyPillow is now up for auction online.
K-BID Online Auctions is listing the auction, which includes trucks, heavy-duty equipment, office equipment, sewing machines and more from MyPillow. The auction is being managed by JMS Auctions, an independent affiliate auction company of K-BID.
According to the auction, there are nearly 850 items up for bid.
The auction is set to end on July 18 at 7 p.m. The location of the auction is listed as 4701A Valley Industrial Blvd. S. in Shakopee.
WCCO reached out to MyPillow CEO Mike Lindell, who said the surplus auction is a reflection of the change from big box and mall store sales to a direct-to-consumer approach. Lindell said after stores like Walmart and Bed, Bath & Beyond "canceled" MyPillow, Lindell had to act quickly to ensure that his employees kept working. He says MyPillow is dealing with a large amount of inventory.
He said some MyPillow employees had to shift roles in order to avoid layoffs, and that the company has made a number of adjustments.
"I do every customer like my only customer and every employee like my only employee," he said.
He also said that Menards, Fleet Farm, and some other big box stores still carry his company's pillows.
In April, Lindell lost an arbitration case and his company, Lindell LLC, was ordered to pay $5 million in connection to a "Prove Mike Wrong" challenge related to election fraud claims.
Lindell previously said that MyPillow lost $100 million due to his election fraud claims.
