The company plans to continue operating and will seek court approval for a sale, it said just before midnight on Tuesday.
Tupperware's reliance on people selling its storage containers at home-and-garden parties or through social media was once ...
Sept 16 - Tupperware Brands (TUP.N), opens new tab is preparing to file for bankruptcy as soon as this week, Bloomberg News reported on Monday, citing people with knowledge of the plans.
Tupperware Brands is preparing to file for bankruptcy as soon as this week, according to people with knowledge of the plans, following a years-long effort to revive the business amid waning demand.
Tupperware Brands filed for bankruptcy protection on Tuesday, after years of struggling with poor demand for its food storage ...
The company’s shares fell by more than 50% as of 3:53 p.m. in New York on the news. The bankruptcy preparations follow protracted negotiations between Tupperware and its lenders over how to ...
appointing Laurie Ann Goldman as the new CEO. Tupperware in 1946 introduced its plastic products to the public after founder Earl Tupper invented their flexible airtight seal. The brand exploded ...
Tupperware Brands is reportedly planning to file for bankruptcy as soon as this week. Tupperware Brands shares fell nearly 60% on the news. Tupperware Brands Corp TUP shares are in the spotlight ...
Tupperware was developed by Earl Tupper, who founded a plastics manufacturing company in Leominster, Massachusetts, during the Great Depression. Tupper was born in New Hampshire in 1907.