FILE = This Aug. 5, 2011 file photo shows some of Kevin Farrell's colorful Tupperware products at a Tupperware party in Bellflower, Calif. Tupperware Brands, on Wednesday, Oct. 28, 2020, posted third quarter profit of $34.4 million, more than quadruple the $7.8 million from the same quarter a year ago.(AP Photo/Garrett Cheen, File) (Garrett Cheen, AP2011)
Your family’s favorite iconic storage-ware could soon be history.
Tupperware is barely staying afloat.
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The company said it is looking for financing because it doesn’t have enough cash to fund its operations.
Tupperware is also exploring potential layoffs and reviewing its real estate portfolio.