A total of 145 people will lose their jobs, but the company expects to rehire some of those same people when new ownership ...
This comes weeks after Tupperware filed for Chapter 11 bankruptcy. Under the deal, the company will receive $23.5 million in ...
NEW YORK (AP) — A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic ...
Severance agreements and other contracts are on the line as Tupperware weighs its Chapter 11 bankruptcy options.
Tupperware is known for its plastic food storage containers. However, it filed for bankruptcy in September due to its falling ...
Based on the sales agreement with creditors, the company’s lenders will be allowed to purchase the Tupperware brand name and operations in several of its markets. The company will also wind down ...
“The internet just changed all that,” Saunders said. Tupperware is now available in Target stores and on its website, and on Amazon. But nearly 90% of the company’s sales last year came ...
If you purchase an independently reviewed product or service through a link on our website, SheKnows may ... of nostalgia among homeware enthusiasts, Tupperware‘s highly sought-after Heritage ...
NEW YORK (Reuters) - Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its plans for ...
Tupperware nears bankruptcy exit as its sale ... ruling on both of these prongs has placed significant weight on the position of the official committee of unsecured creditors,” the judge said.
A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food-shortage company to soon exit chapter 11 protection and continue offering its products while ...