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Bed, Bath & Beyond stock collapses by 36% after Mike Lindell canceled: Retail chain suffers biggest 1-day loss ever amid boycott supporting 'MyPillow guy'
NOQ Report ^ | 01/29/2021

Posted on 01/29/2021 7:53:34 AM PST by SeekAndFind


Amid a boycott in response to its politically motivated decision to drop Mike Lindell’s MyPillow products, shares of Bed Bath & Beyond plunged 36.4% at the close of trading Thursday. The retail chain suffered its biggest one-day loss since going public in June 1992.

Article by Art Moore originally published at WND.

The consumer organization Media Action Network launched the boycott of Bed, Bath & Beyond after the retail chain stopped selling Lindell’s products due to his support of President Trump’s claim that fraud affected the outcome of the 2020 election. Retailers Wayfair and Kohl’s also have stopped selling MyPillow products.



Lindell, famous for his TV ads, employs more than 1,500 people at his Minnesota plant. He recounted to WND last May the remarkable transformation in his life through his faith in Jesus Christ.

“This isn’t about pillows. It’s about the continual punishment of conservative speech,” Media Action Network founder Ken LaCorte said in an announcement of the boycott.

“And we’ve had enough.”

Media Action Network has a petition online in support of the boycott with nearly 24,000 signatures so far.

“Every time we turn around, another conservative has been silenced under false pretenses of ‘hate’ or ‘isms’ or the most recent offense-de-jour,” said LaCorte. “We’re fighting back.”

Protesters at Bed, Bath & Beyond’s store in Larkspur, California, on Tuesday left checkers with a $20 tip and a statement for CEO Mark Tritton.

“Stop promoting ‘cancel,” they wrote. “You buckled to pressure, removing MyPillow products … because of Mike Lindell’s politics. It’s un-American.

“Our country was founded on the principle of free speech and open debate,” the wrote. “These days, censorship and suppression are far too common, and you’re now part of the problem. You have that right, of course, but realize you’re antagonizing half of your customers. And Mark … we’ve had enough. We’re tired of corporate big-shots looking down on our beliefs. Reverse this decision now and get out of politics, or we’re done with you forever.”


TOPICS: Business/Economy; Culture/Society; News/Current Events; Philosophy; US: Minnesota
KEYWORDS: bedbathbeyond; cancelculture; freedomofspeech; incorrectcause; kohls; marktritton; mikelindell; mypillow; stock; tritton; wayfair
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1 posted on 01/29/2021 7:53:34 AM PST by SeekAndFind
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To: SeekAndFind
Feel good story of the day.
Expect MyPillow to have record sales this quarter.
Every conservative who needs a new pillow should order a MyPillow now.
2 posted on 01/29/2021 7:55:48 AM PST by SmokingJoe
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To: SeekAndFind

The only time I go there is on Birthday/holidays to buy gifts for my wife.

Not any more.


3 posted on 01/29/2021 7:55:55 AM PST by brownsfan (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.)
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To: SeekAndFind

More fun for the Reddit guys to have too.


4 posted on 01/29/2021 7:56:15 AM PST by neodad (USS Vincennes (CG-49) Freedom's Fortress )
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To: SeekAndFind

Excellent.


5 posted on 01/29/2021 7:56:23 AM PST by Jonny7797
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To: SeekAndFind

Nice. Now I know to avoid Kohl’s too. And classy of the protesters to leave the employees there $20 tips. Very nice. I own lots of My Pillows!


6 posted on 01/29/2021 7:56:26 AM PST by olivia3boys
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To: SeekAndFind

Short their stock!.....................


7 posted on 01/29/2021 7:56:37 AM PST by Red Badger (TREASON is the REASON for the SLEAZIN'.................................)
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To: SeekAndFind

My wife and I both stopped shopping there anywhere else people’s livelihood has been threatened for their views. I don’t agree with Mr. My Pillow on the election, but no one should suffer such a fate. Not for their ideas.


8 posted on 01/29/2021 7:57:00 AM PST by Onthebrink
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To: SeekAndFind

When will these retailers realize that their ‘woke’ liberal/socialist supporting policies are doing nothing to protect them from the angry minority while driving away 70,000,000+ tax paying consumers?


9 posted on 01/29/2021 7:57:08 AM PST by Semper Vigilantis (Suppose they gave an inauguration and nobody came)
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To: SmokingJoe

I ordered two last week


10 posted on 01/29/2021 7:57:19 AM PST by dirtboy
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To: SeekAndFind

Our BB&B closed....................


11 posted on 01/29/2021 7:57:24 AM PST by Red Badger (TREASON is the REASON for the SLEAZIN'.................................)
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To: SeekAndFind

Their stores sucked anyway.


12 posted on 01/29/2021 7:57:41 AM PST by caver
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To: SeekAndFind

I returned a BB&B gift card today for a refund. I specifically complained that I couldn’t buy the pillows.

BWAHAHA @ BB&B


13 posted on 01/29/2021 7:58:48 AM PST by FreeReign
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To: SeekAndFind

“Big Mistake...Big...HUGE!”


14 posted on 01/29/2021 7:59:04 AM PST by dfwgator (Endut! Hoch Hech!)
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To: SeekAndFind

Cool. We actually got some BB&B gift cards for Christmas. I may just go there and ask for My Pillow, and see what they say!!


15 posted on 01/29/2021 7:59:22 AM PST by NEMDF
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To: SeekAndFind

Major disappointment in the gay community.


16 posted on 01/29/2021 7:59:26 AM PST by Signalman
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To: SmokingJoe
Every conservative who needs a new pillow should order a MyPillow now.

I don't need one, but I'm going to order one for each of my liberal friends. Luckily, I don't have many.

Buy MyPillow for a liberal. Zey need something to cry on.

17 posted on 01/29/2021 8:00:19 AM PST by Jess Kitting
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To: Signalman

Lol.


18 posted on 01/29/2021 8:00:19 AM PST by rdl6989 ( )
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To: SeekAndFind

Its soon to be Bed,Bath and Be gone.


19 posted on 01/29/2021 8:00:31 AM PST by puppypusher (The world is going to the dogs.)
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To: SeekAndFind

This is my Cheshire Cat smile.


20 posted on 01/29/2021 8:01:54 AM PST by Sacajaweau
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