Is Tupperware Closing Down 2024 Schedule. Tupperware brands announced it will be closing its south carolina factory and laying off more than 100 workers as the iconic plastic food container company opts to open a. Lender group to buy iconic brand and invest upon close of the transaction.
Outdated sales strategy and market competition led to the company’s downfall. The lenders had argued that tupperware’s proposed auction would unfairly prevent them from using a debt exchange as part of their bid for tupperware’s assets.