Tupperware (TUP) Brands is sealing the deal by filing for Chapter 11 bankruptcy as it looks to navigate financial challenges. The iconic company’s decision comes after declining sales for its ...
Tupperware’s roots date to 1946. As the company tells it, chemist Earl Tupper found inspiration while creating molds at a ...
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 ...