Instant Brands, operating under Chapter 11 bankruptcy protection, announced it received a commitment for an additional $30 million in new term loan financing from its existing lenders, increasing the amount of the term loan credit facility received by the company...
Instant Brands has initiated a voluntary Chapter 11 bankruptcy process, the company announced, intended to give it the time and flexibility to continue ongoing discussions with financial stakeholders to strengthen the financial position of the business. In connection...
Instant Brands awarded new cars to five employees as part of a program celebrating the company’s plant and distribution center staff commitment during COVID-19. Instant Brands develops and markets small appliances and housewares under such brands as Instant Pot,...
With major holiday promotions dates fast approaching, Amazon has previewed its Cyber Monday deals weekend assortment including lots of bargains on home merchandise. The Amazon Cyber Monday weekend kicks off on Saturday, November 27, and runs through Monday, November...
Amazon intends to offer more Black Friday deals than ever before. The company announced a 48-hour event starting on Thursday, November 25, delivering bargains on housewares and home decor. Among the deals that consumers will find starting November 25 are 40% off...