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Tupperware shares fell nearly 50% Monday following a bleak warning that its future is looking murky. In a regulatory filing late Friday, the container maker said there’s “substantial doubt ...
Tupperware Brands warned that the 77-year-old company may not survive for another year and forecast inadequate liquidity to fund operations, the seller of plastic airtight food storage containers ...
You can also now buy Tupperware online directly from the brand, but when you arrive at its website, a bright-orange banner across the top alerts you that you’re not shopping with a ...
This story was updated to add new information. Tupperware Brands Corp. and some of its subsidiaries filed for Chapter 11 bankruptcy on Tuesday, the company announced in a news release. The ...
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 brand wrote itself into American ...
Tupperware Brands announced it will be closing its South Carolina factory — the company’s last remaining plant in the US — and laying off more than 100 workers. The iconic plastic food ...
Tupperware, the brand of containers that became so popular it became a household name, has filed for Chapter 11 bankruptcy. The move by the company comes as there has been an increase in ...
Established nearly 80 years ago, Tupperware said its business failure was due in large part to its inability to adapt to a new era of omnichannel and e-commerce focused retail, the company ...
It says the direct sales model that fueled its success has become a weakness. By John Yoon Tupperware Brands, whose name became synonymous with plastic food containers in kitchens across America ...
Less than a week after reaching an agreement to sell itself to a lending group, Tupperware Brands told the state it will terminate operations at its Orlando headquarters and lay off 145 employees ...
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