Tupperware Goes Bankrupt: Iconic Kitchen Brand Files for Bankruptcy Amid Debts and Declining Demand

Iconic kitchen brand Tupperware officially filed for bankruptcy on Tuesday, September 17, amid rising debts and declining demand. After experiencing a brief surge in sales during the pandemic, driven by increased home cooking and the demand for airtight plastic containers to store leftovers, the company is once again grappling with declining sales, Reuters reported. Tupperware To File for Bankruptcy Amid Debts and Declining Demand, Seeks Court Protection Amid Breached Terms.

Tupperware Goes Bankrupt

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