Tupperware Files Chapter 11 Bankruptcy [09172024]

[KellytheBelly]

Tupperware, 'rebranding.'

Tupperwarebrands |  Tupperware |  Tupperware [WIKI]

Lots of questions...

Is this the end of an era? Plastic not made perfect? Will Tupperware change their name brand to, 'T?' What about that 'Lifetime Guarantee?' *wink*

As un/enticing as it all may seem, they're currently looking for a buyer.

📰  Read all about it, here ⤵️:

✨  Tupperware files for bankruptcy after years of troubles. [CNN]

Tupperware, the company known the world over for its plastic food storage containers, has filed for bankruptcy, after years of falling popularity and financial troubles.

✨  Tupperware - from a US household brand to an indebted kitchenware maker [Reuters]

Sept 18 (Reuters) - Tupperware Brands (TUP.N), filed for bankruptcy protection on Tuesday, after years of struggling with poor demand for its food storage containers and rising financial losses.

✨  Tupperware files for bankruptcy as its colorful containers lose relevance  [Reuters]

Sept 18 (Reuters) - Tupperware Brands (TUP.N), filed for bankruptcy protection in Delaware late on Tuesday, succumbing to mounting losses due to poor demand for its once popular colorful food storage containers.

Its popularity exploded in the 1950s as women of the post-war generation held "Tupperware parties" at their homes to sell the containers as they sought empowerment and independence.

However, its sales slumped in recent years as the company struggled to place more of its products in retail stores and online sales platforms. Tupperware has historically relied on independent sales representatives to move its products, but that strategy has failed to reach modern consumers, according to the company.

"Nearly everyone now knows what Tupperware is, but fewer people know where to find it," Tupperware Chief Restructuring Officer Brian Fox wrote in a court filing in the U.S. Bankruptcy Court for the District of Delaware.

The company said it would continue to sell products during the proceedings.

✨  Tupperware’s Bankruptcy Filing Feels Inevitable as the Brand Fell Behind the Times

(Tupperware, You Got Real Weird in the End) [Eater.com]

Is 40 year-old Tupperware safe to use?  🤔

Old Tupperware, especially those over a decade old, might contain hazardous chemicals like cadmium, lead, and arsenic. These can leach into your food, posing significant health risks. Vintage Tupperware products are particularly concerning due to the potential leaching of additional harmful substances. [ AI Generic Online Search Results - Jan 30, 2024]

Fun Tupperware Commercials:

✨  1980 Tupperware Commercial

✨  Tupperware - A Commercial Medley

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Don't forget the Tupperware!