Based on the sales agreement with creditors, the company’s lenders will be allowed to purchase the Tupperware brand name and operations in several of its markets. The company will also wind down ...
A total of 145 people will lose their jobs, but the company expects to rehire some of those same people when new ownership ...
Tupperware Brands Corp. edged closer to a sale of its business at an Oct. 29 hearing in the U.S. Bankruptcy Court for the ...
Tupperware Brands Corp. hammered out a deal for its creditors to acquire the business, ending a dispute that’s risked a liquidation of the iconic company after a push from the federal judge ...
In a delightful twist that’s stirring up waves of nostalgia among homeware enthusiasts, Tupperware’s highly sought-after Heritage Collection has made its way to select Costco warehouse ...
Severance agreements and other contracts are on the line as Tupperware weighs its Chapter 11 bankruptcy options.
CANNOT BE PROSECUTED. TUPPERWARE IS SHUTTING DOWN OPERATIONS AT ITS HEADQUARTERS IN ORLANDO BY THE END OF THE YEAR. THE COMPANY IS ALSO LAYING OFF 145 EMPLOYEES. THE ANNOUNCEMENT COMES LESS THAN A ...
NEW YORK (AP) — A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic ...
Florida-based Tupperware Brands (OTC:TUPBQ) announced an agreement to form a new entity called The New Tupperware Company. This decision comes after the company faced challenges related to an over ...
NEW YORK, Oct 22 (Reuters) - Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its ...
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Tupperware has reached a tentative agreement to sell its business just weeks after the kitchen product company filed for bankruptcy. The private sale of the Tupperware name and its products is ...