So this is how the Tupperware party ends | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Tupperware, an iconic brand that’s woven into the fabric of post World War II America, signaled this week that it could be on its last gasp

. Known the world over for its plastic food storage containers and its sales parties, Florida-based Tupperware warned that the company was running out of cash and needed additional money – soon – to say in operation. In some ways, the 77-year-old brand is still a titan: It’s, literally, a household name, and its vivid juice- and fruit-colored products are for sale in nearly 70 countries. It pulled in annual sales of $1.3 billion in 2021. But that’s down 18.7% from a year ago.

The parties gained traction also because they were one of the few socially acceptable ways for women to make money at the time. Tupperware products were the centerpiece of the event, carefully stacked and presented to be shown off. “The parties were designed to be fun social gatherings,” including games and prizes, he said, and the most successful Tupperware saleswomen were sometimes rewarded with diamond rings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sad…less Americana!

Tupperware spent so long wondering if we would that they forgot to consider if we should. That and spaghetti sauce.

Good riddance. Their sales concept (Multi-level marketing) for mediocre overpriced plastic boxes was basically just a fraud. Only the top of the top sellers made any money back. Everyone else lost.

They should start making glass containers.

They're branching into the coffin business.

How does it feel to suck?

Biden’s economic strategy

wont be missed

If Tupperware posted anti trans content and showed it’s pro America.. it would sell out of its stock

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines