Tupperware Files For Bankruptcy | Subscribe to Firstpost

Tupperware Files For Bankruptcy | Subscribe to Firstpost

Tupperware Brands Corp, the iconic American food storage container maker, has filed for Chapter 11 bankruptcy after years of declining sales. The company, which once dominated the market with its airtight plastic products, has faced financial struggles in recent years. Tupperware’s CEO said, "Over the last several years, the company's financial position has been severely impacted by the challenging macroeconomic environment." According to bankruptcy documents, Tupperware's assets range between $500 million and $1 billion, with liabilities between $1 billion and $10 billion.

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[Jack_Waffles]

Nobody wants to pay $50 for 3 bowls with a lid. lol..

[thefuse]

Ye toh hona hi tha,
Bachpan mein dekha tha ki plastic ke cheezon ko bhi mehengay damo par bech kar mera dost kaise water bottle flaunt karta tha.😅

[TheKnightOfMalta]

Honestly even if you're trying it's a security risk

[godofrock]

Tupperware sales strategy has caused this more than anything. If tupperware wad in stores where you could see the quantity and compare this company would be flush with cash and keep production in the states. This is a leadership failure.

[GarryNolte]

I sell tupperware an yes we're still open for business. Yes an home parties
Tupperware is the best we're not going away

[भूतहा]

* And push China forward
* Such prestigious establishments in Europe, America will be seen closing

[scottchiu]

Should manufacturer in China. Cost will come down, profit up.