Tupperware files for bankruptcy amid long-term sales struggles
3 months ago

Tupperware files for bankruptcy amid long-term sales struggles

New Indian Express  

Tupperware Brands Corp has filed for Chapter 11 bankruptcy, reflecting years of declining sales and rising competition. This move highlights the severe challenges Tupperware faces as it attempts to pivot in a rapidly evolving retail landscape. Tupperware gained popularity through independent sales parties held in suburban homes, creating a unique direct sales model. Despite its rich history and initial success, Tupperware’s recent struggles serve as a reminder of the challenges faced by legacy brands in adapting to modern consumer preferences and competition.

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History of this topic

Yearender 2024: From Tupperware to Bodyshop, notable companies that went bankrupt this year
5 days, 20 hours ago

Yearender 2024: From Tupperware to Bodyshop, notable companies that went bankrupt this year

India TV News  

Yearender 2024: In the year 2024, several high-profile companies faced financial turmoil and finally filed for bankruptcy. The company's failure to restructure its massive debt following its 2021 default sent shockwaves through China's real estate sector, which is central to the country's economy. The company's inability to restructure its massive $300 billion debt after its 2021 default sent shockwaves through …

US firm saved from bankruptcy - but will move last factory to Mexico
1 month, 3 weeks ago

US firm saved from bankruptcy - but will move last factory to Mexico

Daily Mail  

Tupperware is getting a new lease on life after a bankruptcy judge approved a deal to save the beloved food-storage company. Tupperware was founded in 1946 by chemist Earl Tupper - whose airtight plastic containers helped food last longer for families still struggling after the war and the Great Depression. 'This is a situation that was in urgent need of …

Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy
1 month, 3 weeks ago

Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Going forward, customers in “global core markets” will be …

Stay-at-Home Moms Built Tupperware. Working Women Killed It.
54 years, 11 months ago

Stay-at-Home Moms Built Tupperware. Working Women Killed It.

Slate  

Tupperware’s filing for Chapter 11 bankruptcy last week prompted many of us to do a double-take. I can show you how great and wonderful having Tupperware in your life is.’ And of course it became part of the American fabric.” Direct selling was a precursor to affiliate marketing, where websites get commissions for click-throughs that lead to sales. The company …

Tupperware lifts the lid on its financial problems; files for bankruptcy
3 months ago

Tupperware lifts the lid on its financial problems; files for bankruptcy

The Hindu  

The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury America sold the colorful products, has filed for bankruptcy. The story behind the company also showed up on TV screens and on stage, with depictions in …

Tupperware lifts the lid on its financial problems with bankruptcy filing
3 months ago

Tupperware lifts the lid on its financial problems with bankruptcy filing

Associated Press  

NEW YORK — The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury America sold the colorful products, has filed for bankruptcy. The story behind the company also showed up on TV screens and on stage, …

Tupperware, no longer a kitchen staple, files for bankruptcy
3 months ago

Tupperware, no longer a kitchen staple, files for bankruptcy

NPR  

Tupperware, no longer a kitchen staple, files for bankruptcy toggle caption Garrett Cheen/AP Tupperware, the brand synonymous with food storage in American homes, has filed for bankruptcy after years of struggling with its business model and debt. The strengths of this model recently have "begun to turn into weaknesses," Tupperware said in its bankruptcy filing, in part because it came …

Iconic US homeware brand to file for bankruptcy after 78 years
3 months, 1 week ago

Iconic US homeware brand to file for bankruptcy after 78 years

Daily Mail  

Tupperware, the iconic American brand known the world over for its plastic food containers, is on the brink of bankruptcy. Tupperware was founded in 1946 by chemist Earl Tupper - whose airtight plastic containers helped food last longer for families still struggling after the war and the Great Depression. Tupperware opened the South Carolina factory in April 1976 to meet …

Iconic American homeware brand to file for bankruptcy after 78 years
3 months, 1 week ago

Iconic American homeware brand to file for bankruptcy after 78 years

Daily Mail  

Tupperware, the iconic American brand known the world over for its plastic food containers, is on the brink of bankruptcy. Tupperware was founded in 1946 by chemist Earl Tupper - whose airtight plastic containers helped food last longer for families still struggling after the war and the Great Depression. An employee at Tupperware's factory in Hemmingway, South Carolina Tupperware warned …

Tupperware, in dire straits, seeks financing to stay afloat
1 year, 8 months ago

Tupperware, in dire straits, seeks financing to stay afloat

Associated Press  

Tupperware Brands, which experienced a resurgence during the pandemic, is now pursuing investors to keep it afloat and is in danger of being delisted by the New York Stock Exchange. Shares of Tupperware Brands Corp. tumbled nearly 50% on Monday after the company said late last week that it had engaged financial advisers to help it secure financing and “remediate …

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