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March 12, 2008 7:24 PM

Stale Economy, Fresh Leftovers?

(AP)
Philip Maravilla is a CBS News producer based in Miami.

I read a short business-page article that said Tupperware stock was at a 10-year high, and I asked myself why.

Why, when so many companies are struggling – and some are even laying off employees – was Tupperware bucking the trend? What made it different? The simple answer is that Tupperware, in some ways, is a counter-cyclical company. When the economy is slowing, people eat out less, cook at home more and need a way to store leftovers. Tupperware and leftover storage are synonymous. Tupperware is the Xerox and Kleenex of food storage.

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