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Tupperware lifts the lid on its financial problems with bankruptcy filing

By Haleluya Hadero

Tupperware lifts the lid on its financial problems with bankruptcy filing

By HALELUYA HADERO and WYATTE GRANTHAM-PHILIPS AP Business Writer

NEW YORK (AP) -- The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury America sold the colorful products, has filed for bankruptcy.

Tupperware Brands, the Orlando, Florida-based consumer goods company that produces the iconic line of containers, said it was seeking Chapter 11 bankruptcy protection after struggling to revitalize its core business and failing to secure a tenable takeover offer.

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