From puke to popcorn: Tupperware's bankruptcy incites memes and memories

Most of us don't realize that the plastic storage containers we so lovingly call ‘Tupperwares’ are actually a brand name, not the official term for food containers. Tupperware, an American brand, produces and manufactures storage containers for kitchens and homes. However, this 78-year-old brand has recently filed for bankruptcy after failing to recover from a sharp decline in sales. According to recent reports, the company’s shares have fallen by more than 50%.This crisis began last year when the company declared it would go bust if it failed to significantly increase its numbers. In a statement to investors, the company’s chief executive, Laurie Ann Goldman, said, "Over the last several years, the company's financial position has been severely impacted by the challenging macroeconomic environment."For years, the company has been trying to cater to younger customers, and sales did see an improvement in 2020 when the world came to a standstill due to the pandemic. However, as we recovered, the company’s recovery path turned negative, and sales fell again.The major reason for this shift, from a favorite to consciously ignored, is attributed to the change in global trends. With the age of the internet, people have moved on from their obsession with plastic and are turning towards more environment friendly products. Additionally, the rising prices of raw materials, wages, and transportation costs have cut into any profits the company has made.While the famous company has begun weighing its legal options, netizens have found their new fascination. We’ve all had our encounters with plastic containers, and this moment has made people nostalgic with everyone sharing their take, views and memories related with the plastic storage containers. Let us take a look at some of them: Let us be honest, our homes are full of these plastic containers and you know not to mess with your mother's Tupperwares.