Tupperware, one of the brands that revolutionized U.S. retailing with its famous sales parties, is entering Chapter 11 after attempts to turn the business around.

Tupperware filed for Chapter 11 bankruptcy due to declining sales and an increase in competition from other brands.

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Tupperware is best known for its once-iconic, colorful food storage containers. Here's what we know so far after the company filed for bankruptcy.

Tupperware — the company that sells those nostalgic, lidded plastic containers from your youth — is trying to file for bankruptcy after years of financial ups and downs.

Tupperware, the iconic food storage and kitchen tool brand, filed for Chapter 11 bankruptcy protection on Monday. Tupperware and its eight subsidiaries currently hold somewhere between $500 million and $1 billion in assets ($7.

Kissimmee-based Tupperware plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just

Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. The company plans to continue operating and will seek court approval for a sale,

The brand, once so popular it became the name of an entire product category, has seen sales fall as consumer behaviors change and competition increases.