Tupperware is set to cease operations in Australia, following the sale of the global business after it filed for bankruptcy. The business, known the world over for its plastic food storage containers, filed for Chapter 11 bankruptcy in September after years of falling popularity and financial troubles. Chapter 11 bankruptcy allows companies to solve their financial problems by restructuring.
I’ve been in Tupperware for 15 years. The writing has been on the wall for I’d say maybe four years.” Tupperware was once a household name, but has become less popular with younger consumers in contrast with some of its competitors — though many still refer to all food plastic containers as Tupperware. The business first rang the alarm bells in April 2023, when it disclosed in a regulatory filing that it could go out of business.