The sales model was innovative when the company embraced it after WWII. But in the digital age, that strategy has evolved.

Based on the sales agreement with creditors, the company’s lenders will be allowed to purchase the Tupperware brand name and operations in several of its markets. The company will also wind down ...

Tupperware Brands Corp. hammered out a deal for its creditors to acquire the business, ending a dispute that’s risked a liquidation of the iconic company after a push from the federal judge ...

“After years of struggling with an over-leveraged balance sheet and outdated operating model, the transaction would mark a new day for the iconic brand,” according to Tupperware. The deal ...

It was announced last month that popular food storage ... the transaction would mark a new day for the iconic brand,” Tupperware said in the release. “Tupperware is considered the inventor ...

Tupperware, the pioneer of selling product via ... Sign up for the Marketplace newsletter to get the day’s biggest business stories, our economic analysis, and explainers to help you live ...

"Over the last year, we created a new strategy ... the transaction would mark a new day for the iconic brand," Tupperware said in announcing the deal that still requires court approval.

The Orlando, Florida-based company filed for bankruptcy protection last month, with $818 million in debt and a plan to find a buyer within 30 days. But a faction of Tupperware's lenders opposed ...

Tupperware agreed to sell its business to a group of lenders on Tuesday in an attempt to recover after filing for bankruptcy last month.