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Tupperware’s Party is over

Finshots Daily

The Rise and Fall of the Plastic Container Giant Tupperware

2min Snip

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Tupperware has been a mainstay for every household when it came to packing and storing all kinds of foods. But things aren't looking good for the 77 year old company. The stock price has crashed by a staggering 90% in the past year and it needs cash to survive. And urgently, now before we get into what went wrong with Tupperware, let's rewind a bit to the 30s. A chemist called Earl Tupper, who worked at a plastic manufacturing company had discovered he was allowed to take scrap materials from work. He could tinker with them in the comfort of his home.

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