Tupperware files for bankruptcy

  • CNN
  • September 18, 2024
New York/London

CNN

 — 

Tupperware Brands Corporation, whose food containers have been a mainstay in American kitchens, has filed for bankruptcy.

"Over the last several years, the company's financial position has been severely impacted by the challenging macroeconomic environment," Laurie Ann Goldman, Tupperware president and CEO, said in a statement late Tuesday.

"As a result, we explored numerous strategic options and determined this is the best path forward. 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."