Tupperware, the iconic food storage container manufacturer, has filed for bankruptcy

After years of financial struggles and declining consumer interest. The company, known for its direct-to-consumer sales, has faced challenges from the rise of e-commerce, meal delivery services, and the growing demand for environmentally friendly products. Despite attempts to adapt, including online sales and retail partnerships, Tupperware has been unable to reverse its decline. The company's assets are valued between $500 million and $1 billion, with liabilities between $1 billion and $10 billion. The brand, which became a global household name through Tupperware parties, now faces an uncertain future.