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 U.S. bankruptcy judge has approved the sale of Tupperware Brands to a group of lenders, enabling the iconic food storage company to emerge from Chapter 11 bankruptcy and attempt a resurgence ...
Tupperware once revolutionized food storage, with the brand’s roots dating back to a post-World War II mission of helping families save money on food waste with an airtight lid seal. The plastic ...
Tupperware Brands is on the way to avoiding bankruptcy after a U.S. bankruptcy judge approved a sale to lenders on Tuesday.
The Kissimmee-based company famous for its food storage containers filed for bankruptcy protection last month, acknowledging ...
With Thanksgiving around the corner, ’tis the season for leftovers! Soon your fridge will be bursting at the seams with mashed potatoes, turkey, and pumpkin pie. (Oh my!) You know what happens next.
Customers can still purchase Tupperware products from company consultants, online and at retail locations in the core global markets, Tupperware said. Tupperware Brands was founded in 1946.
Bankrupt Tupperware Brands has agreed to sell its business to a group of lenders for $23.5m in cash and over $63m in debt relief, canceling its plans for an open-market auction of its assets.
Tupperware will continue offering its products through independent sales consultants, e-commerce sites and retail partners in its revised list of global core markets. "Tupperware is considered the ...