This chapter explores Tupperware's recent bankruptcy filing, underscoring its struggle against increasing competition and the shift towards e-commerce. The discussion centers on the brand's outdated reliance on home parties for sales and the necessity for innovation to stay relevant in today's market.
Episode 413: Neal and Toby recap the Fed’s decision to make an aggressive cut by 50-basis points and how the stock market reacted. Then, a deadly attack in Beirut caused by exploding pagers has everyone wondering why these pagers are connected to Taiwan. Next, Snap launches their latest AR glasses that are built for developers. Meanwhile, Neal shares his favorite numbers from Norway EVs, Costco housing, and Real Madrid’s noisy stadium. Lastly, the once iconic Tupperware brand files for bankruptcy. Subscribe to Morning Brew Daily for more of the news you need to start your day, share the show with a friend, and leave us a review on your favorite podcast app.
To learn more about how Wise could work for your business, visit https://wise.com/business
Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316
Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD
Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow
00:00 - Toy Hall of Fame
02:40 - The Fed cuts rates
08:10 - Pager explosion supply chain
12:45 - Snap AR Spectacles
17:45 - Norway EVs
20:00 - Costco housing
23:00 - Spain concert venue fail
26:00 - Tupperware bankruptcy
Learn more about your ad choices. Visit megaphone.fm/adchoices