A total of 145 people will lose their jobs, but the company expects to rehire some of those same people when new ownership ...

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 ...

A group of lenders is poised to purchase Tupperware ... online retail, he said, which contributed to its financial troubles. The company only started selling its products in Target stores in ...

A group of lenders is poised to purchase Tupperware Brands ... and was slow to pivot to online retail, he said, which contributed to its financial troubles. The company only started selling its ...

Representative image A U.S. bankruptcy judge on Tuesday approved Tupperware Brands' proposal to sell its assets to its lenders, clearing the company to exit bankruptcy with most of its operations ...

The sales model was innovative when the company embraced it after WWII. But in the digital age, that strategy has evolved.

Chains are on track to close the highest number of stores in 2024 than any year since 2020, when the COVID-19 pandemic decimated the industry.Closures have picked up this year because the retail ...

Online sales grew from roughly 6% of all retail sales in 2014 to 12% by the beginning of 2020. In 2017 and 2018, retailers closed a combined 13,400 stores, according to Coresight. Retailers closed ...