At its peak in the 1970s, Tupperware was a cultural phenomenon, reaching millions of households across the globe. However, the rise of e-commerce in the 21st century left Tupperware behind.
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Based on the sales agreement with creditors, the company’s lenders will be allowed to purchase the Tupperware brand name and operations in several of its markets. The company will also wind down ...
The brand Tupperware has become so synonymous with food storage that many people use its name when referring to any old plastic container. But the 77-year-old US company is seeing cracks form in ...
Tupperware Brands is on the way to avoiding bankruptcy after a U.S. bankruptcy judge approved a sale to lenders on Tuesday.
Tupperware Brands Corp. hammered out a deal for its creditors to acquire the business, ending a dispute that’s risked a liquidation of the iconic company after a push from the federal judge ...
Tupperware has reached a tentative agreement to sell its business just weeks after the kitchen product company filed for bankruptcy. The private sale of the Tupperware name and its products is ...
Tupperware has been struggling to stem falling sales in the face of cheaper competition US brand Tupperware has filed for bankruptcy as it struggles to survive in the face of sliding sales. The ...
NEW YORK (AP) — A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food storage company to soon exit Chapter 11 protection and continue offering its ...
NEW YORK (Reuters) - Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its plans for ...