Target is selling its popular food storage containers, according to Tupperware Brands Corp. CEO Miguel Fernandez.
Tupperware products can be purchased at one of Target's over 1,900 U.S. stores or through the retailer's website. The move to offer curated product selection through Target comes amid the food storage container company's ongoing effort to reinvent itself and sell through new channels, according to a LinkedIn post by Fernandez.
Customers who love Tupperware parties, whether they are in person or online, will be able to pick up their favorite essential food storage options at a store nearby. Fernandez said during Tupperware's earnings call in August that the company has made other forays into retail in the U.S. and launched small scale efforts with Amazon, HomeGoods and Bed Bath Beyond in the second quarter of 2022.
Tupperware said its net income for the second quarter was $1.2 million. Net sales were $340.4 million in the same period last year, compared to $416.6 in the same period last year.
Fernandez announced Tupperware's expansion into Target, as well as announcing Tupperware's expansion into Target, described a few upcoming strategies Tupperware intends to follow. He said on Monday that the company plans to work with additional retailers and partners to launch more user-friendly digital tools for its sales force and fine-tuning our product mix.