Tupperware warns of collapse unless it finds funds

 
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FernieBee
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PostPosted: Tue Apr 11, 2023 2:10 pm    Post subject: Tupperware warns of collapse unless it finds funds

BBC News


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Tupperware, the US maker of food storage containers, has warned that it could go bust unless it can quickly raise new financing.

The 77-year-old firm said there was "substantial doubt about its ability to continue as a going concern".

Tupperware has been attempting to reposition itself to a younger audience but has failed to stop a slide in its sales.

Its shares plunged nearly 50% on Monday before recovering slightly on Tuesday.

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XTC
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PostPosted: Tue Apr 11, 2023 3:22 pm    Post subject:

It’s a challenging time to find funding now, sadly its fate is sealed.
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PLATNUM
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PostPosted: Tue Apr 11, 2023 5:56 pm    Post subject:

Same
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Last edited by PLATNUM on Tue Apr 11, 2023 5:58 pm; edited 1 time in total
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PostPosted: Tue Apr 11, 2023 5:57 pm    Post subject:

XTC wrote:
It’s a challenging time to find funding now, sadly its fate is sealed.


Nice
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FernieBee
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PostPosted: Tue Apr 11, 2023 9:37 pm    Post subject:

PLATNUM wrote:
XTC wrote:
It’s a challenging time to find funding now, sadly its fate is sealed.


Nice


And fresh.


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LongBeachPoly
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PostPosted: Wed Apr 12, 2023 4:23 pm    Post subject:

How would we store our foods now?
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FernieBee
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PostPosted: Wed Apr 12, 2023 5:21 pm    Post subject:

LongBeachPoly wrote:
How would we store our foods now?


Ziploc?

Tupperware knock-offs?

FoodSaver?

(The FoodSaver Multi-Use Preservation System)


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numero-ocho
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PostPosted: Thu Apr 13, 2023 6:41 am    Post subject:

I didn't know this company still existed. Are Mary Kay cosmetics and World Book encyclopedias still around as well?
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LongBeachPoly
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PostPosted: Thu Apr 13, 2023 6:54 am    Post subject:

FernieBee wrote:
LongBeachPoly wrote:
How would we store our foods now?


Ziploc?

Tupperware knock-offs?

FoodSaver?

(The FoodSaver Multi-Use Preservation System)



And empty cool-whip containers.
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non-player zealot
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PostPosted: Fri Apr 14, 2023 3:09 am    Post subject:

numero-ocho wrote:
I didn't know this company still existed. Are Mary Kay cosmetics and World Book encyclopedias still around as well?


There's an abandoned FotoMat somewhere full to the brim of new-old Mary Kay product that was never sold.
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LakerLanny
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PostPosted: Fri Apr 14, 2023 7:51 am    Post subject:

Seems like the brand has gone stale.
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numero-ocho
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PostPosted: Fri Apr 14, 2023 8:55 am    Post subject:

Time to put a lid on the whole operation.
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