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Digital Transformation

Business
Iconic Food Container Maker Tupperware Files For Bankruptcy Iconic Food Container Maker Tupperware Files For Bankruptcy
Iconic Food Container Maker Tupperware Files For Bankruptcy A kitchen staple may soon be getting shelved. Iconic 78-year-old food container pioneer Tupperware filed for Chapter 11 bankruptcy protection on Tuesday, Sept. 17 amid a years-long slump in sales. The company known worldwide for its "Tupperware Parties" is now seeking court approval to continue operating during the proceedings as it pursues a sale. "Whether you are a dedicated member of our Tupperware team, sell, cook with, or simply love our Tupperware products, you are a part of our Tupperware family," said President and Chief Executive Officer Laurie Ann Goldman. "We pla…

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by Joe Lombardi
Business
Most Will Buy Groceries Online By 2024, Report Says Most Will Buy Groceries Online By 2024, Report Says
Most Will Buy Groceries Online By 2024, Report Says Grocery lists, frozen food aisles and produce sections may soon be a thing of the past, according to a new report, which states that consumers are continuing a nationwide trend of going digital to purchase groceries. Food Marketing Institute is reporting that as many as 70 percent of consumers will be buying their groceries online as soon as 2024, with Americans spending as much as $100 billion - $850 per household - annually purchasing food over the Internet. Last year, FMI predicted that digital food retailing would reach saturation in the next decade, but “2017 was a year of disruption.”…

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by Zak Failla