Tupperware

Tupperware

Tupperware, no longer a kitchen staple, files for bankruptcy

Tupperware's reliance on people selling its storage containers at home-and-garden parties or through social media was once its strength. Now it's a weakness, the company says in its bankruptcy filing.

Despite its iconic status in many households, Tupperware has faced challenges in adapting to changing consumer preferences and shopping habits. The company's decision to file for bankruptcy reflects the struggles it has faced in recent years.