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By Jaclyn Peiser. August 4, 2023 at 5:22 p.m. EDT. In April, Tupperware announced it was struggling to survive as mounting debt and slumping sales were pushing the company to the edge. (Scott.
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Tupperware, he said, is facing a perfect storm of stiff competition from other brands - Rubbermaid, Glad, Pyrex, Oxo and Ziploc - selling similar products or even disposable versions for less.
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Tupperware has also failed to innovate in response to these changes in competition and consumer behavior, Nordhielm said. As a result, Tupperware's sales have been declining for years.
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Tupperware wants to be where the cool kids play. The 76-year-old brand is on a quest to grab the attention of Millennials and Gen Zers, and wants to become as relevant in their everyday lives as.
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Tupperware's competitors and similar companies include Evernu Plastics, Innova Solutions, TOYMA and Tupperware. Add company. Tupperware is a provider of storage products. Evernu Plastics is a supplier and exporter of plastic housewares, kitchenware, and baby care products. Innova Solutions is a company that supplies and distributes acrylic.
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The online shopping era brought more competition for Tupperware. But for years, the company also spent big on dividends for shareholders — and stuck with selling through individual consultants.
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Tupperware's financial woes follow a proliferation of free restaurant to-go boxes after a pandemic-era surge in delivery and carryout orders, and an onslaught of competition from cheaper food.
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Tupperware is an American kitchen classic, but the brand recently warned it could soon be out of business. The reusable containers have been a home cooking staple since 1946 and swept the nation.
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Tupperware Brands (NYSE:TUP) falls under the banner of 'beaten down consumer-based company'. Tupperware is likely a household name and came along just like any other consumer products company.
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Craft can deliver 250+ data points of financial, operating, and human capital indicators on companies via API. Learn more. Tupperware's main competitors include WinCup, EXO-S, Art Latex Industria and Valsir. Compare Tupperware to its competitors by revenue, employee growth and other metrics at Craft.
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TUP Sales vs. its Competitors Q4 2022. Comparing the current results to its competitors, Tupperware Brands reported Revenue increase in the 4 quarter 2022 by 3.79 % year on year. The sales growth was above Tupperware Brands's competitors' average revenue growth of 2.04 %, achieved in the same quarter. • List of TUP Competitors.
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Tupperware's Profile, Revenue and Employees. Tupperware is a Florida-based multinational company that manufactures products such as food storage containers, cookware, and water bottles for the retail market. Tupperware's primary competitors include Rubbermaid, Snapware, Joseph Joseph and 18 more.
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Tupperware's main competitors include Viking Range, Riggs Distributing, Tramontina and Jones Family Business. Compare Tupperware to its competitors by revenue, employee growth and other metrics at Craft.
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Research stores & brands like Tupperware. We ranked the best Tupperware alternatives and sites like tupperware.com. See the highest-rated airtight storage products brands like Tupperware ranked by and 50 more criteria. Our team spent 9 hours analyzing 37 data points to rate the best alternatives to Tupperware and top Tupperware competitors.
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Tupperware's preliminary 2022 results, released in March, showed an 18% drop in annual sales to nearly $1.31 billion and a $28.4 million loss from continuing operations.
