Rumored for months, it finally happened this week. Legendary storage container company Tupperware filed for Chapter 11 Bankruptcy. Famous for their at-home parties, Tupperware has struggled for years. As the world changed and everyone started shopping at big box stores, Tupperware held out, refusing to change. They reached their peak in the 1960s. However, women didn’t have time to host sales parties when they joined the workforce. Since they filed for Chapter 11, the aim is to reorganize, reduce debt, and create a plan to turn everything around. But many wonder if it’s too late…
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