Bed, Bath & Beyond removed MyPillow products from its stores in January 2021.
According to CNN Business at the time, it was because Mike Lindell questioned the validity of the 2020 election.
A year later, Bed, Bath & Beyond is suffering.
In their latest quarterly results, the retailer announced a “lack of inventory” cost them $100 million.
They could have stocked their shelves with MyPillow products, but they decided to get political.
CNBC reports that the outlook for Bed, Bath and Beyond isn’t good:
In a note to clients, Fadem said that Bed Bath & Beyond’s fundamentals are “deteriorating” amid “choppy execution” by management.
In the near term, Tritton said that the supply chain headwinds will persist, putting a damper on future results.
full story at https://bigleaguepolitics.com/a-year-after-dropping-mypillow-company-closes-37-stores-lack-of-inventory-cost-them-100-million/