Say goodbye to Tupperware parties, Tupperware brands is set to file for bankruptcy this week amid declining demand.
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00:00Say goodbye to Tupperware parties.
00:03Tupperware Brands is set to file for bankruptcy this week amid declining demand and over $700 million in debt.
00:10The company has struggled despite leadership changes and recently closed its only U.S. factory, leading to layoffs.
00:17Shares have plummeted and despite efforts to turn things around, Tupperware's financial troubles persist, prompting the upcoming court filing.