Jesus toasters were pulled from Amazon.com this week and at the same time that the Jesus toasters came off their website their stock slipped nearly 1% in Tuesday’s trading, so is this a coincidence? Sure, it’s a coincidence but it sounds good, Jesus toasters leave the building and the stocks slip!
According to Investor Place on Dec. 24, the company from Vermont that makes the Jesus toaster, which actually burns an image of Jesus in the toasted bread, is “annoyed” with Amazon. The Vermont Novelty Toaster Corporation pulled their Jesus toasters and the rest of their novelty toasters off of Amazon. They make toasters that burn all types of figures into the toast like the Virgin Mary, Barack Obama and Sarah Palin, along with other icons of the day.
The toasters were taken off the shopping giant’s website because the Vermont company claims that Amazon has failed to fork over two weeks of sales to the company. The company alleges that due to the sales exceeding the “limited velocity amount, ” Amazon has refused to “cough up” cash owed the toaster folks.
The money is on some kind of contractual delay, but this causes a cash-flow problem for the folks who bring you that holy-looking bread.
The Vermont Toaster Company also said that Amazon gets $8 a toaster that it sells, so the company has decided to stick to marketing the novelty toasters on their own website.