Every Person in New Jersey Has This in Their Kitchen

Something that is in practically every kitchen across the entire state of New Jersey might soon become a thing of the past.

And that's not an exaggeration -- this is an iconic product that has been a household name for decades.

Picture this: you make a ton of food for dinner. After you eat, you have more leftovers than you know what to do with. What do you do?

Chances are, you grab a Tupperware container.

But you might not be able to much longer.

According to WPVI-TV,

The container maker said there's "substantial doubt about the company's ability to continue as a going concern," and that it's working with financial advisers to find financing to stay afloat.

In other words, Tupperware is facing some big financial problems and the company might be going out of business.

Tupperware said it won't have enough cash to fund its operations if it doesn't secure additional money. The company said it is exploring potential layoffs, and it's reviewing its real estate portfolio for potential money-saving efforts.

Tupperware, which currently has over 13,000 employees, was founded in 1942 by Earl Tupper. His food storage products were introduced to the public four years later.

For decades, "Tupperware parties" were a thing. People would get together at someone's house, various products would be demonstrated, and people would buy containers in all shapes and sizes.

But that was then.

Today, it seems like everything already comes in a reusable plastic container. Chances are, you aren't reaching for a Tupperware-branded product when you need to store something. Instead, you're grabbing some generic plastic container that you recently got from a restaurant, probably at no cost.

On top of that, very few people are interested in selling Tupperware. You probably can't remember the last Tupperware party you were at, can you?

Just how bad are things for the company? The company's stock has fallen 98% in the last year, according to USA Today.