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Instant Brands - the maker of Instant Pot pressure cookers and Pyrex glassware - filed for chapter 11 bankruptcy protection on Monday.
Pyrex glassware maker Instant Brands glassware is filing for Chapter 11 bankruptcy protection after persistent inflationary pressures curtailed consumer spending.
The company behind the Instant Pot is filing for Chapter 11 bankruptcy as the craze over its kitchen contraption appears to have fizzled.
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Instant Brands — the makers of Instant Pot, Pyrex and a host of other kitchen staples — has filed for Chapter 11 bankruptcy amid post-pandemic plummeting sales.
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