New York CNN —Tupperware was left for dead; a relic of a lost time when leftovers storage had but one dominant market player.
In other words, Tupperware (TUP) has been given new life.
Tupperware is still an extremely troubled brand, and the stock is still trading below $6 a share.
Tupperware has been considering layoffs and property sales to stay afloat.
Once sold exclusively by multi-level marketers, similar to Avon and Amway, Tupperware parties were a staple of a bygone era.
Persons:
New York CNN — Tupperware, “, ”, Mariela Matute, aren’t, Tupperware, CNN’s Nicole Goodkind
Organizations:
New, New York CNN, Tupperware, ”, BlackRock, Amway, Target, New York Stock Exchange
Locations:
New York, Avon, noncompliance