Tupperware files for bankruptcy
September 20, 2024 by DarcieTupperware, the plastic storage container company that once dominated the market, recently filed for Chapter 11 bankruptcy protection. With the proliferation of cheaper, and frankly better, storage options, it’s a wonder the 70-year-old company made it this far before entering bankruptcy. Its sales model, once an innovative concept that empowered millions of women to earn money outside of the home, seems dated, as do some of its products.
In the company’s heyday, Tupperware parties were ubiquitous, especially in suburban and rural America. I can recall my mother and grandmother attending the parties, usually coming home with a new item. In our house, Jell-O instant pudding found a home in small footed dishes with tight-fitting lids, breakfast usually consisted of cereal eaten from a Tupperware bowl, A set of plastic canisters housed sugar, flour, and other baking ingredients, and the refrigerator always contained several pieces from a set of large nesting bowls with lids. Unique products, like the pickle keeper with a pull-up insert to make it easier to retrieve the slippery pickles, drew oohs and ahs when they debuted at a party.
However, the company didn’t keep up with consumer preferences. Most of their products were not microwave safe during the time when that appliance became a standard feature in homes. Direct sales and the multi-level-marketing model declined in general, hitting the company hard because it did not offer products in retail stores until 2022, when Tupperware partnered with Target for a line of storage containers. As Eater’s Amy McCarthy notes, the once unique and clever offerings became downright strange in recent years.
The company faces huge obstacles to reorganization and a return to profitability. The Chapter 11 filing offers a glimpse of hope because it is not a liquidation bankruptcy, but unless Tupperware can revitalize its offerings and make products that can compete with the leaders in the market such as Rubbermaid, it will be difficult for them to weather this storm.
Categories
- All Posts (6880)
- Antipasto (2102)
- Author Articles (246)
- Book News (934)
- Cookbook Giveaways (982)
- Cookbook Lovers (254)
- Cooking Tips (107)
- Culinary News (299)
- Food Biz People (549)
- Food Online (788)
- Holidays & Celebrations (267)
- New Cookbooks (148)
- Recipes (1493)
- Shelf Life With Susie (231)
- What's New on EYB (132)
Archives
Latest Comments
- ohikel210 on This is the flavor of the year for 2025
- KatieK1 on Olive oil prices set to drop in 2025
- Laura1 on When Southern Women Cook Giveaway
- Laura1 on Gift Guide for Bakers – 2024 and Giveaway
- Laura1 on The Golden Wok – Cookbook Giveaway
- MimiRenaud on German Heritage Baking Cookbook Giveaway
- frillow on Spain’s National Library puts historic recipes on video
- biro on The Big Book of Bread – James Morton – Cookbook Giveaway
- biro on Desi Bakes – Cookbook Giveaway
- biro on The Golden Wok – Cookbook Giveaway