Tupperware’s Slow Descent into Oblivion

The Tupperware party may be over.

Tupperware may soon declare bankruptcy. Declining revenue, lower stock prices, and dwindling cash reserves do not bode well for the future of this iconic brand. The article and video describe how the company mostly relied on brand recognition and failed to recognize and adapt to a changing consumer and business environment. The company has now partnered with Amazon and Target to boost sales, but it may be too little, too late.


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Restaurants Flex Their Strategic Muscles to Fight Inflation

After COVID, inflation is now a major threat to restaurants’ financial viability.

How have they responded? By relying on their competitive strengths in operations. Big chains have used their size to control purchasing costs, whereas mom and pop restaurants have emphasized their authenticity and superior quality. Both are attempting to maintain customer loyalty and mitigate new threats with existing assets and resourcefulness.


Video Spotlight: Restaurants Grapple with Rising Costs (September 15, 2022, CNBC Television) 


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McDonald’s Cancels the McPlant

After a lackluster six-month test of the McPlant product in 600 U.S. restaurants, McDonald’s has pulled the item from its menu across the U.S. citing low sales.

In February 2020, OM in the News reported that Impossible Foods had bowed out of supplying plant-based burgers to McDonald’s, citing capacity concerns.  For Beyond Meat, which took on the contract to supply the McPlant patty, the loss of this lucrative contract will no doubt have serious repercussions.


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Contaminated Baby Formula: The High Costs of Poor Quality

At the Sturgis plant, contaminated baby formula led to serious illnesses and a crippling shortage (see earlier post).

Sloppy procedures, deficient product testing, and a company culture prioritizing output quantity over quality were the precursors to a widespread crisis that could have been prevented. The FDA’s nonchalance and a lack of swift, corrective action have imperiled the lives of many and cast doubt that all root causes of the problems have been eradicated.


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