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Tupperware, company known for its plastic containers, files for Chapter 11 bankruptcy (www.usatoday.com)

submitted 2 months ago by jeffw to c/business

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[–] [email protected] 13 points 2 months ago (7 children)

On some level their product is too good--sell it once, and that's it. You own it, and it lasts forever.

[–] BenM2023 8 points 2 months ago

The products also have/had a lifetime guarantee - providing you could find a rep and they still made the product... Got a jug replaced after 40 years of hard service.

It's also why the party model failed them - MLM for a product that never broke or wore out.

Newer tupperware was microwave safe.

Reps got a cut of party sales and if they made enough each month the could get other benefits as well (a company car, for example).

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