Tupperware could go out of business, here's why

  • 📰 ABC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Tupperware is an American kitchen classic, but the brand recently warned it could soon be out of business. Here's why.

April 12, 2023, 12:23 PMTupperware products are offered for sale at a retail store on April 10, 2023 in Chicago, Illinois.classic, but the brand recently warned it could soon be out of business.

Tupperware said in the press release that it had discussed financing options with advisers to see if there's a way forward without losing the business. the company has "embarked on a journey to turn around our operations" and "is doing everything in its power to mitigate the impacts of recent events -- taking immediate action to seek additional financing and address our financial position."Scott Olson/Getty Imagesat H Squared Research, told "Good Morning America" it's not surprising that Tupperware is struggling.

Herzog compared Tupperware and its market share to other brands who have found more success in the reusables space.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

America’s rivals can’t stand us. Because they never had a Tupperware Party or the Fuller Brush Man or the Milk Man.

The boss ran away with his mistress with the public money

They should have made them the same color as leftover spaghetti sauce.

I prefer Pyrex or other glass dishes. Easier to clean and they don't get stained.

Probably too many off brands!!!

I have Tupperware from 50 years ago, yes 50 years. Good stuff

This explains why they are selling these humongous packs at my Target.

Joe Biden economy

Biden.

Joe Biden

Tupperware reform now! Congress MUST act!

They saturated their own market. The stuff lasts forever which means people are only going to buy so much of it.

Maybe younger people see it as another way for population reduction. Fewer jobs, fewer people having kids.

Go Brady Go. Read “Let’s Blow-Up” at search for Donzo

Sadly I can see TupperwareWW having to stop. As far as hitting the younger generation, my opinion, it’s to expensive for most to afford.

Another thought……I have loads of Tupperware. It lasts forever. No need to buy new ones. That’s what happens when you have a great product.

It got too expensive

According to some reports-if we do nothing, there’ll be more plastic than fish in the seas in 2050. Maybe they need to move to biodegradable products now. TupperwareWW

“What is really hurting Tupperware are more environmentally conscious consumers who want to move away from plastics and into more sustainable methods of storing their food,' Sounds like opportunity to me

ABC, this the best story you have? Really? I am glad I don't subscribe.

Because plastic is terrible for you

I'm very sad, I hope everything will be alright, I still use it, I can't find it in Turkey anymore, that's why

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 471. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Tupperware stock plunges after warning it could go out of businessTupperware said it won't have enough cash to fund its operations if it doesn't secure additional money.
La source: abc7newsbayarea - 🏆 529. / 51 Lire la suite »

Tupperware stock plunges after warning it could go out of businessTupperware said it won't have enough cash to fund its operations if it doesn't secure additional money.
La source: ABC7NY - 🏆 592. / 51 Lire la suite »

Tupperware stock plunges after warning it could go out of businessTupperware said it won't have enough cash to fund its operations if it doesn't secure additional money. Ok
La source: 6abc - 🏆 250. / 63 Lire la suite »