8289 replies to this topic

[Victoria Watcher]

Shares in Tupperware have tumbled to their lowest level on record as the iconic food storage company warned investors that it is in danger of going out of business.

The company's stock price fell by 50 per cent on Monday after the company said in a press release over the holiday weekend that it has hired financial advisors to explore options for the company and to "remediate its doubts regarding its ability to continue as a going concern."


https://www.cbc.ca/n...uptcy-1.6806751



That’s an interesting story.

Edited by Victoria Watcher, 11 April 2023 - 11:18 AM.

[Nparker]

In an era (allegedly) touting reusable containers and reducing food waste, you'd think Tupperware would have an advantage. Of course, one of T-ware's biggest "problems" is the durability of its products. They last so long you almost never have to replace them. My mother had a few Tupperware items that were still as good as new after 40 years of use.

[Matt R.]

They have a lifetime warranty too. Weird.

[Mike K.]

Rubbermaid also had financial problems.

[Victoria Watcher]

‘We made it’: HAVN Harbour Saunas docked permanently at Victoria’s Inner Harbour (PHOTOS)

 

https://www.victoria...harbour-photos/

Edited by Victoria Watcher, 12 April 2023 - 04:39 AM.

[Victoria Watcher]

Don’t miss this opportunity to own a prominent and established independent fabric and notions store at the border of Oak Bay and Victoria, just a few minutes away from Hillside Mall. Celebrating its 55th year in business in 2022, customers come from all over BC to browse the large button selection. The current owner updated some of the interior features and significantly expanded the variety of supplies which is often used by the Vancouver Film industry. This store is very well-stocked with modern quilting fabric, fun knit fabrics, ribbons and trims, notions, and one of the best button selections on Vancouver Island. This is a cornerstone of the community with loyal, long-term clients and excellent online reviews. The business is strategically located in a high-traffic area with great walk-in traffic potential and ample parking. NDA required more information. 

 

$135,000

 

https://www.realtor....k-bay-henderson

 

 

 

 

 

Probably this store:

 

https://www.buttonsnbowsoakbay.com/

 

Buttons'n'Bows is a cute little fabric store on Foul Bay Rd. We carry lots of beautiful fabrics for quilting, garment making, and various crafts. We also stock plenty of useful notions and a wide variety of trims and specialty laces. Come in and take a look around. With the best selection of buttons in town for 55+ years!

Edited by Victoria Watcher, 12 April 2023 - 05:10 AM.

[pikabu]

My family had a confectionery/coffee shop/post office at this location in the late 1950's.

[lanforod]

Seems to me a company like Tupperware could easily be snapped up by a major retailer just for the brand value. Any company where the brand has become synonymous with the product is very valuable, IMO.

Edited by lanforod, 12 April 2023 - 07:44 AM.

[Victoria Watcher]

Rubbermaid also had financial problems.

 

 

 

We can see this when we look at what happened to Rubbermaid from 1994 to 2004. Walmart and Rubbermaid created a partnership and for a while Rubbermaid was doing very well because of it, until Resin prices rose. Rubbermaid had called for a price increase on their products, because producing would now be slightly more expensive. Unfortunately for them Walmart has a very strict low price policy and would not budge to create a price increase and instead dropped their product. This was a devastating blow to Rubbermaid who eventually had to sell to Newell, They lost thousands of jobs. 

 

https://www.cram.com...aid/FCNCQL42Z2T

[Stephen James]

I am going to go to the bank first and then go back and grab me one of those $115 jars of olives.

Olives.jpg

bank will want the full jar as collateral... so you'll be buying an art display.

[Victoria Watcher]

Babylon Bee:

 

 

 

 

U.S. - Amazon is taking a giant leap towards greater equity with the addition of a brand new "Loot" function. Customers will have the option of proceeding to the checkout to pay normally, or clicking the "LOOT IT!" button for social justice.

 

"If a looter is too timid to smash a window in person, or just too lazy to go outside, we should not be suppressing their important voice by preventing them from looting," said outgoing CEO Jeff Bezos. "We are proud to announce our new app: Amazon Loot."

 

 

https://babylonbee.c...-loot-from-home

 

 

 

 

"Amazon really feels for all the people in this country who are shy or live far away from the prime looting locations of urban centers," said Bezos. "We are proud to be expanding looting access to more people than ever. Say it with me-- looting is a human right. Period!"

 

Amazon clarified that they will not be paying the manufacturers for looted merchandise, but since all makers have insurance this will not be a problem.

Edited by Victoria Watcher, 13 April 2023 - 05:03 AM.

[Mike K.]

There’s also the Rob Your Delivery Guy option, so you no longer have to be a porch pirate.

[Stephen James]

There’s also the Rob Your Delivery Guy option, so you no longer have to be a porch pirate.

Is that the one where you order the gun from Amazon and ask the guy to wait while you open the package...?

[Mike K.]

Is that the one where you order the gun from Amazon and ask the guy to wait while you open the package...?

 

Yes that works, too. But the trick is to follow him back to the van after he drops off your loot, then rob him before he drives away. 2-for-1.

[Victoria Watcher]

 

 

 

A turn-key gift shop located in the center of Chinatown, an established 20+ years business in a vibrant and culturally rich neighbourhood. Low lease rate. Its zoning designation, OTD-1 (oldtown distrist-1), allows for various uses, including retail trade, food and beverage service, office, assembly and etc.

 

$45,000

 

 

556 Fisgard St

 

https://www.realtor....ctoria-downtown

 

 

Edited by Victoria Watcher, 17 April 2023 - 06:04 PM.

[Victoria Watcher]

Good Location! Famous Hair Salon of reputation in downtown Victoria! Great opportunity to own much profitable and well-operated business for decades. Neat and functional layout with 4 chairs/work stations and 2 sinks. Excellent lease terms and low monthly rental fees. Always a number of reservations based on lots of clientele with loyalty and familiarity. Easy-to-take over this business.

 

https://www.realtor....ctoria-downtown

 

 

 

 

$25,000

Edited by Victoria Watcher, 17 April 2023 - 06:07 PM.

[Mike K.]

The Body Shop and L'Occitane have closed their Bay Centre locations.

[Stephen James]

The Body Shop and L'Occitane have closed their Bay Centre locations.

someone should keep a list... 

this is bad policy destroying a vibrant downtown in real time.

[Barrrister]

I have not been in the downtown Bay in years, are there many empty shops or are most filled. Is it busy>

[GaryOak]

Last time I was in there a month ago it seemed like all the stalls were full.