It’s all intentional. Tupperware, just like Red Lobster, Toys R Us, and every other high profile corporate bankruptcy where you just go “what were they thinking?”.
They were taken over by Boston Consulting Group, stripped for parts (any remaining $), stole the land, and rolled the debt into bankruptcy.
It’s so extreme it sounds like some shadowy co spray but this is all public, verifiable information. All these companies either directly brought in BCG or their executive teams were BCG plants.
Welcome to the efficient market of capitalism.
ThePowerOfGeek@lemmy.world 1 day ago
Yup. Bought some of their containers about 10 years ago and they were okay quality. Bought some more of supposedly the same product a few years ago and the materials had totally changed and they were far inferior to the older ones.
Ended up replacing most of them with snapware ones (which have Pyrex containers). Very happy.
The whole thing with Tupperware is interesting. Weren’t they basically using mostly an MLM approach to sell their products for years? Seems like their marketing and entire business model hasn’t progressed since around the year 2000.
Seleni@lemmy.world 1 day ago
pyrex or PYREX? Because they changed for the worse too.
As far as MLMs go, I’d say it depends on the focus. If the focus is selling the product, then it isn’t an MLM any more than Lyft is. If the focus is on creating a downline and forcing them to aggressively purchase from the company, with sales as a tacked-on fig leaf, then yeah, definitely an MLM.