Tupperware spawned a kitchen empire long before its struggles attracted meme investors. See key moments in its history.
Iconic food-storage company Tupperware Brands has struggled to adjust to current economic conditions and changing consumer tastesThe company behind Tupperware plastic containers has cautioned about the survival of its business. Tupperware Brands has churned out kitchen gear for years but it has been hurt by steep revenue declines and a shrinking sales force.
Inspired by paint-can lids, New Hampshire chemist Earl Tupper invented Tupperware in 1946. The airtight plastic containers that closed with a "burp" were designed to help families save money in the postwar era by preserving leftovers.At first, Tupperware didn’t do well in stores. Customers didn’t know how to use them. Brownie Wise, a secretary and single mother, began selling the products to groups at home parties. Earl Tupper soon hired Wise to develop a sales network.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tupperware may not go out of business after all | CNN BusinessTupperware was left for dead; a relic of a lost time when leftovers storage had but one dominant market player. So why is its stock up 47% today?
Leer más »
Stocks making the biggest moves midday: Amazon, Apple, Block, Tupperware and moreThese are the stocks posting the largest moves in midday trading.
Leer más »
Tupperware stock surges nearly 50% after debt restructuring dealTupperware announced that it struck a debt restructuring deal, causing a stock surge that began in after-hours trading on Thursday and sent share prices soaring as much as 55.96% as of Friday morni…
Leer más »
Tupperware may not go out of business after allTupperware was left for dead; a relic of a lost time when leftovers storage had but one dominant market player. So why is its stock up 47% today?
Leer más »
Meme Stocks Are a Thing—AgainDay traders are piling into meme stocks again, sending shares of Tupperware, Yellow and Rite Aid are soaring
Leer más »
Why Taylor Swift friendship bracelets are much more than plastic beadsSwift kicked off her first of six sold-out shows on The Eras Tour at SoFi Stadium on Thursday, Aug. 3. She continues her run in Inglewood Aug. 4-5 and 7-9.
Leer más »