The parent company of Instant Pot and Pyrex has filed for Chapter 11 bankruptcy protection, citing “global macroeconomic and geopolitical challenges” that have affected its business. In a release ...
NEW YORK -- Instant Brands, the maker of Instant Pot, Corelle, and Pyrex, among other products, has filed for bankruptcy. The Chapter 11 bankruptcy filing came on Monday. Chapter 11 bankruptcy allows ...
Instant Brands, the maker of Pyrex glassware and Instant Pot pressure cookers, has filed for bankruptcy, saying high-interest rates, tighter credit conditions and falling consumer demand made its debt ...
The maker of Pyrex glassware and Instant Pot has filed for Chapter 11 bankruptcy protection as the company that was already struggling is stung by inflation, with Americans pulling back on spending.
Instant Pots were considered an essential product early in the pandemic but lower discretionary spending on home products forced parent company, Instant Brands, to declare bankruptcy this week. The ...