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Instant Pot discounted to year’s lowest price amid news of company bankruptcy


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Instant Pot, the popular slow cooker that has become a fixture across the country, has been marked down to its lowest price of the year amid news that its parent company file for bankruptcy.

News broke on Tuesday that Instant Brands is filing for Chapter 11 bankruptcy, a move the company said was necessary to help with reorganization, rather than liquidation. While Instant Brands — which also makes Pyrex and CorningWare, among others — says their offerings continue to sell well, they cite rising interest rates and tighter credit as reasons for the filing.

Instant Pot sales appear unaffected for now, though Amazon just released a new deal that drops the Instant Pot Duo to just $86 and the Duo Plus to $130. Regularly $100 and up, the sale will save you nine to thirteen percent off the popular cookers, giving the Instant Pot its lowest price since Black Friday.

Amazon’s Instant Brand deals also include more than 50 percent off the Instant HEPA Quiet Air Purifier (great for those on the East Coast dealing with wildfire smoke), which retails for $70 to $125; and more than 30 percent off the Instant Vortex Plus 10-quart air fryer, which is marked down to $100 (reg. $150).


Instant Pot Duo $86.99 on Amazon.com

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The Instant Pot Duo is the brand’s most popular model, with a seven-in-one functionality that allows you to use it as a pressure cooker, slow cooker, rice cooker, and steamer, among other things. Loved by foodies and amateur chefs alike (Tom Hanks once told Stephen Colbert that the device helped him “get through quarantine”), the electric cooktop offers 13 adjustable settings for one-touch ribs, soups, rice, desserts and more. The brand says the Instant Pot helps you make meals up to 70 percent faster than traditional over-the-stove methods.

The six-quart cooker is the most popular Instant Pot Duo, with enough room to whip up a meal for up to six people. Everything is made of professional grade stainless steel and the inner pot, lid and accessories are all dishwasher safe.

This Instant Pot deal gets you 13 percent off the Instant Pot Duo and the Duo Plus. Both appliances are among the top-rated slow cookers online, with each rated 4.7 stars (out of five) from over 160,000 and 35,500 reviews, respectively. See full sale details and more Instant Pot deals on Amazon here.

Merry C. Vega is a highly respected and accomplished news author. She began her career as a journalist, covering local news for a small-town newspaper. She quickly gained a reputation for her thorough reporting and ability to uncover the truth.

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