Re:The Instant Pot Failed Because It Was a Good Product
by loudambiance on Thursday June 15, 2023 @08:10AM
(#36339321)
Isn't this essentially the same thing that killed Toys-R-Us?
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Re:The Instant Pot Failed Because It Was a Good Product
by SQueeeeeL on Thursday June 15, 2023 @08:15AM
(#36339375)
Yeah. It's bizarre that leveraged buyouts are even legal given how destabilizing it is to local economies; but also Bain Capital (the company which did the buyout of Toys R Us) was cofounded by Senator Mitt Romney, so you can start to understand why the FTC and Congress aren't really inclined stop the madness and regulate themselves more
Re:The Instant Pot Failed Because It Was a Good Product
by red-iron-pine on Thursday June 15, 2023 @08:54AM
(#36339755)
Changes to retail (e.g. online, e.g. Amazon) killed Toys-R-Us, PE just pimped it out until they could sell it for parts
Re:The Instant Pot Failed Because It Was a Good Product
by manishsharan on Thursday June 15, 2023 @12:36PM
(#36343062)
And Sears.