Decades-old kitchen staple company Tupperware files for bankruptcy

[Kyle]

Filing comes months after Tupperware shuttered its last remaining US plant


Tupperware Brands Corporation has filed for bankruptcy, just months after the iconic American food storage container maker shuttered its last remaining plant in the U.S. amid financial woes.

The company formally announced its voluntary decision to initiate Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware on Tuesday.

The company listed $500 million-$1 billion in estimated assets and $1 billion-$10 billion in estimated liabilities, according to bankruptcy filings, which showed the number of creditors to be between 50,001-100,000.

Decades-old kitchen staple company Tupperware files for bankruptcy

Tupperware Brands filed for bankruptcy protection, months after the iconic American brand shut down its last remaining U.S.-based plant amid financial troubles.

www.foxbusiness.com

 

[thurley42]

crap is really getting bad if Tupperware is going under.

 

[Kyle]

To be honest, i thought they went out of business years ago.

 

[workerbee]

Temu strikes again!

 

[RoseRed]

To be honest, i thought they went out of business years ago.

I haven't heard of any Tupperware parties since the 80's.

 

[stgislander]

I haven't heard of any Tupperware parties since the 80's.

Are they the parties where people throw their keys in a Tupperware bowl?

 

[frequentflier]

I have Tupperware bowls with lids my Mom gave me 40 years ago and still use them. All the brands you can buy in the grocery store (like glad ware) are cheap.
As a reseller, I have picked up some pieces in good condition and sold them.

 

[OccamsRazor]

I heard this was the top selling Tupperware sales associate in the western region...

 

[vraiblonde]

Tupperware is expensive and hasn't kept up with the times. Also today's women are busy and don't have time for Tupperware parties, which drove sales because when you go to Target and see a Tupperware container for $30 and the exact same container made by Rubbermaid for $10 or disposable Gladware for $2, guess which one you're going to buy?

Which is too bad because Tupperware is an icon from our Boomer and GenX youth. All our moms had the canisters, and the brown bowl with the press-down lid, and the S&P shakers, and the cake taker, and the drink pitcher. And of course the star of the show, the shape ball:

 

[Sneakers]

I heard this was the top selling Tupperware sales associate in the western region...

Why did I suddenly hear Disco and bow-chicka-chicka-bow-bow music?

 

[stgislander]

Tupperware is expensive and hasn't kept up with the times. Also today's women are busy and don't have time for Tupperware parties, which drove sales because when you go to Target and see a Tupperware container for $30 and the exact same container made by Rubbermaid for $10 or disposable Gladware for $2, guess which one you're going to buy?

Which is too bad because Tupperware is an icon from our Boomer and GenX youth. All our moms had the canisters, and the brown bowl with the press-down lid, and the S&P shakers, and the cake taker, and the drink pitcher. And of course the star of the show, the shape ball:

View attachment 179530

My mom purchased these for me when I was little. Probably the best money she ever spent. Not only did I play with them, but also my nephews/nieces and their kids. There was a fight for them when we cleaned out the house.

 

[gary_webb]

I heard this was the top selling Tupperware sales associate in the western region...

He is one smooth SOB!

 

[blacklabman]

He is one smooth SOB!

I want that boat!

 

[vraiblonde]

My mom purchased these for me when I was little. Probably the best money she ever spent. Not only did I play with them, but also my nephews/nieces and their kids. There was a fight for them when we cleaned out the house.
View attachment 179532

I forgot all about that! My cousin and I would play with that for hours!

 

[mitzi]

I haven't heard of any Tupperware parties since the 80's.

They're online parties now.

 

[mitzi]

Tupperware is expensive and hasn't kept up with the times. Also today's women are busy and don't have time for Tupperware parties, which drove sales because when you go to Target and see a Tupperware container for $30 and the exact same container made by Rubbermaid for $10 or disposable Gladware for $2, guess which one you're going to buy?

Which is too bad because Tupperware is an icon from our Boomer and GenX youth. All our moms had the canisters, and the brown bowl with the press-down lid, and the S&P shakers, and the cake taker, and the drink pitcher. And of course the star of the show, the shape ball:

View attachment 179530

The Rubbermaid and Gladware don't last. They eventually will crack. There will be Tupperware that survives a nuclear war. But it has gotten way too expensive. They still have the shape ball. I got one for my grandson about 3 1/2 years ago.

 

[mitzi]

I have Tupperware bowls with lids my Mom gave me 40 years ago and still use them. All the brands you can buy in the grocery store (like glad ware) are cheap.
As a reseller, I have picked up some pieces in good condition and sold them.

I've bought many pieces from Thrift Shops or yard sales.

 

[Monello]

Buuuurp

 

[Bann]

I have Tupperware bowls with lids my Mom gave me 40 years ago and still use them. All the brands you can buy in the grocery store (like glad ware) are cheap.
As a reseller, I have picked up some pieces in good condition and sold them.

I have some to donate!! When things settle down (with you know whom) I'll be able to get those donated!!

 

[WingsOfGold]

Temu strikes again!

Thinking about a engine cherry picker, considerably less than Harbor freight. Only needs to work once,
A will I get it
B will they steal my cc number
C Will my head get crushed like an egg?