Bullet points of Tupperware files for bankruptcy as it struggles to revitalize its business

Bullet points of Tupperware files for bankruptcy as it struggles to revitalize its business
- Tupperware Brands has filed for Chapter 11 bankruptcy protection
- The company plans to continue operating during the bankruptcy proceedings
- Tupperware is seeking court approval for a sale to protect its iconic brand
- The company has been struggling with declining sales and financial troubles
- Tupperware has over $1.2 billion in total debts and $679.5 million in total assets