The iconic plastic food container company will shift all of its manufacturing operations to Mexico, where many of its products sold in the US and Canada are already made.
Tupperware, known the world over for its plastic food storage containers, has filed for bankruptcy after years of falling popularity and financial troubles.
The transaction is intended to close by the end of October 2024, subject to approval by the United States Bankruptcy Court for the District of Delaware and other customary closing conditions. Following closing, The New Tupperware Company will be privately held under the supportive ownership of the Lender Group.
It is moving the work to Mexico to take advantage of cheaper wages there - and that plan is unchanged under the new management. The US factory in the small town of Hemingway in South Carolina has produced billions of the kitchen-cabinet staples since it opened 48 years ago.
Lender group completes acquisition of Tupperware's assets. Party Products LLC — made up of Stonehill Capital Management and Alden Global Capital — has acquired the company's brand name and other assets. This audio is auto-generated.
Lender groups Stonehill Capital Management Partners and Alden Global Capital will be involved in the private purchase of all Tupperware's intellectual property, including the Tupperware brand and its portfolio of products, in addition to operating assets in the U.S and those owned by foreign subsidiaries.
Tupperware® brand products are warranted by Tupperware against chipping, cracking, breaking or peeling under normal non-commercial use for the lifetime of the product. Please contact our Customer Care at 1-800-TUPPERWARE (1-800-887-7379) for assistance or through chat at Tupperware.com.
On June 14, 2024, Tupperware announced that it would close its last remaining US manufacturing plant in Hemingway, South Carolina and shift production to their plant in Lerma in Mexico, with the closure to be completed in January 2025.
Tupperware manufactures its products globally, including in the USA. They also manufacture in China, Brazil, Belgium, France, Greece, India, Japan, Korea, Mexico, Portugal, and South Africa.
Tupperware Brands's top competitors include Repurpose, Bevi, and Citron. Repurpose produces single-use products in the sustainable goods sector. The company offers items including tableware, drinkware, and kitchen and bath products, designed…
While there is no set timeframe for replacing plastic food containers, experts say they should be tossed out when they show visible wear, chips, cracks, or signs of stains and odors. In place of plastic containers, experts recommend opting for glass or stainless steel instead.
Target Is Selling Fun and Vibrant Tupperware Sets For an Unbeatable Price, and Fans Say They 'Love the Nostalgia' You need this.
Old Tupperware, especially those over a decade old, might contain hazardous chemicals like cadmium, lead, and arsenic. These can leach into your food, posing significant health risks. Vintage Tupperware products are particularly concerning due to the potential leaching of additional harmful substances.
Tupperware Brands, known for its colourful food storage containers, filed for bankruptcy protection in Delaware due to declining demand and rising costs. The company's traditional direct sales model failed to attract modern consumers.
Tupperware Name Will Survive Bankruptcy. Tupperware Brands Corp. has filed for bankruptcy as it continues to struggle with declining sales. The company shuttered its last remaining plant in the United States earlier this year to no avail. No mater what happens to the company, the name Tupperware will never go away.
On October 22, 2024, Tupperware announced it would sell its business to a group of lenders for $23.5 million in cash and more than $63 million in debt relief, canceling plans for an open-market auction of its assets. This deal aims to provide a fresh start for the company as it transitions to a privately held entity.
In November 2024, the Tupperware brand name was acquired by Party Products LLC, who will allow for Tupperware's operations to continue.
1940s. Tupperware products are first debuted by chemist Earl S. Tupper in Massachusetts, including the still-iconic Wonderlier® Bowl.
Tupperware announced this week that it will close its last remaining U.S. factory in early 2025, laying off 148 employees.
LIMITED LIFETIME WARRANTY
In the event of a product's failure to meet the foregoing warranty, Tupperware, at its election, will either replace the affected product with a like or similar product or provide a credit toward future purchases of Tupperware® brand products.
Tupperware, the brand renowned for its plastic food containers, is closing its last US manufacturing plant in Hemingway, South Carolina. The 78-year-old company plans to relocate production to Lerma, Mexico to capitalize on cheaper labor costs.
From the US Midwest. I would not call this a plastic tub and I've never heard them called that. These are containers. Plastic container, storage container, or Tupperware are all extremely common names.
The answer to the question to, “How long do Tupperware containers last?” is they do last a very long time. That's a good thing and a bad thing. If they are over about 10 years old, it's probably time to stop using them for food.
Tupperware's direct-selling model eventually became a bane for the company. According to its bankruptcy filing, consumers now prefer making purchases in stores or online, and only a small share buy via the direct-selling model. Still, in 2023 some 90% of Tupperware's sales were from direct sales.
One way to tell the age of an item? Look at its colors: pieces from the 1940s and '50s are white or pastel, while later items are saturated in bright hues.