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Tupperware May Go Out Of Business!

Stop taking away our childhood!
Published April 11, 2023

Tupperware parties may be a thing of the past. 

This is sad news for a company that has been helping to keep our leftovers fresh for 77 years.

It was just three years ago, that the brand saw a massive surge in sales due to the pandemic when everyone was home cooking.

https://1075koolfm.com/new-smart-tupperware-promises-to-simplify-your-leftovers/

Fast forward to today as life gets back to normal, and the fact that people have become more environmentally aware of their plastic usage- it looks like Tupperware could soon be recycled forever.

The Orlando-based company said it had "substantial doubt about its ability to continue as a going concern" in a press release and securities filing.

Shares of the direct marketing company plunged 50% after the securities filing, to $1.22 a share. Its stock is down 70% this year. 

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