Kitchen staple Tupperware Brands filed for Chapter 11 bankruptcy on Tuesday. The cause is cited as financial woes driven by decreased demand for its food storage containers. The brand’s financial security had been in question for the last “several years,” according to Laurie Ann Goldman, president and CEO of Tupperware Brands Corporation. The brand had been the subject of the widely popular Tupperware parties that arose in the 1950s. For women, became symbolic of independence and empowerment among the post-war generation, reports CNBC. However, the outlet notes, cheaper and more environmentally-friendly food containers have shouldered Tupperware out of the competition, decades after the company’s establishment in 1938. Tupperware Brands files for Chapter 11 bankruptcy, but there may be hope yet Tupperware has filed for bankruptcy. pic.twitter.com/kVJyZhy7EM — Pop Base (@PopBase) September 18, 2024 “Over the last several years, the company’s financial position has been severely impacted by the challenging macroeconomic environment,” said Goldman in a statement on Tuesday. “This process is meant to provide us with essential flexibility as we pursue strategic alternatives to support our transformation into a digital-first, technology-led company.” RELATED: Tupperware Closing Its Last US Factory, Laying Off Nearly 150 Employees “Whether you are a dedicated member of our Tupperware team, sell, cook with, or simply love our Tupperware products, you are a part of our Tupperware family,” Goldman also stressed. “We plan to continue serving our valued customers with the high-quality products they love and trust throughout this process.” What led to this decision Tupperware parties provided the brand with reliable income / Wikimedia Commons Fast Company notes that referencing a troublesome “macroeconomic environment” usually means broader factors. These generally can include consumer reluctance to spend on discretionary goods, high interest rates, and inflation. However, Tupperware was reportedly contending with another sort of issue: big changes in business models over the last several decades. Tupperware would typically work with independent consultants the brand referred to as its Sales Force; this worked as its main sales channel—essentially, the Tupperware parties kept the sales going as the consultants secured sales. Now, with the disappearance of Tupperware parties, the brand has fallen so far under, it declared for bankruptcy. Tupperware has filed for bankruptcy after over 80 years in business / Wikimedia Commons “The historical strengths of a widespread direct selling model began to turn into weaknesses,” the company explained in its bankruptcy petition. “The Company’s focus on its direct sales model ultimately came at the cost of developing an omnichannel strategy, or even modern e-commerce infrastructure to support its Sales Force.” Do you still use your Tupperware containers? The old sales model is no longer working / YouTube screenshot RELATED: $1,500 For A Set Of Tupperware Tumblers With Rare “Tupper!” Insignia Click for next Article The post Tupperware Files For Bankruptcy After Over 80 Years In Business appeared first on DoYouRemember? - The Home of Nostalgia. Author, Dana Daly

As the ‘90s Con at Dayton Beach, Florida, came to a close, the attendees, including Full House stars Dave Coulier, Jodie Sweetin, Andrea Barber, and Candace Cameron Bure, were left with more memories to hold on to, and some of them made it to Bure’s Instagram page. The 48-year-old shared a series of photos, including ones where she posed in front of the colorful Full House-themed banners and alongside her co-stars. She wore a gorgeous off-white two-piece set, which she complemented with matching kitten heels and, in another shot, a light blue shirt and dark skirt. Fans react to Candace Cameron Bure’s ‘Full House’ reunion photos with so much love Instagram Bure accompanied the photo carousel with a sweet note reminiscing the time spent with her costars. “We had an absolute BLAST FROM THE PAST at #90scon. It’s always so special to be with my (fuller) family and have the chance to meet so many of you that have loved Full House for so many years,” she wrote. Adding that, she can hardly wait for next year’s event. RELATED: ‘Full House’ Cast To Reunite At ’90s Con Florida Amidst Feud Between Jodie Sweetin, Candace Cameron Bure Barber replied to Bure in the comments, noting that she enjoyed their girl time, and Dave quipped that he loves his TV family so much. “You looked absolutely beautiful. I loved all your outfits!” a fan exclaimed, adding that she attended as a first-time volunteer at the Con. Instagram Candace Cameron Bure’s time on ‘Full House’ Bure famously played D.J Tanner in the classic and reprised her role in the Netflix reboot of 2016. Last month, she recalled being insecure about her weight on the show, which got translated into the “Shape Up” episode where D.J Tanner goes on a week-long crash diet to drop a few pounds. Instagram In real life, the team helped her drop 20 pounds between seasons, for which she was grateful. The Full House family goes beyond work for her, as they have managed to build a lasting friendship across the board. Although she sometimes has a public fallout with Jodie, they have managed to keep it cordial, not affecting the general bond in the group. Click for next Article The post Fans Are ‘Screaming’ Over Candace Cameron Bure’s New ‘Full House’ Reunion Photos appeared first on DoYouRemember? - The Home of Nostalgia. Author, Peace A

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