The plastic food container giant Tupperware has filed for bankruptcy after struggling with declining sales and intensifying competition for several years. The US-based plastic food container giant, which has its UK headquarters in Milton Keynes,

Since it was founded in 1946, the company has been selling its signature household-name containers. These containers “created the modern food storage category that revolutionized the way the world stores,

Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, succumbing to declining demand for its once-popular colorful food storage containers and ballooning losses.