Tupperware files for Chapter 11 bankruptcy
by Clyde Hughes · UPISept. 18 (UPI) -- The company that owns Tupperware, the iconic food storage and kitchen products business that has been around for nearly 80 years, filed for Chapter 11 bankruptcy in Delaware on Tuesday, officials said.
Tupperware Brands Corp. said in a statement it hopes to sell the company in the process while continuing to service its current customers. Officials said a new management team has been working to modernize Tupperware into a "digital-first, technology-led" company.
Advertisement