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Tupperware to close headquarters in Orlando, lay off 145 employees

Tupperware to close headquarters in Orlando, lay off 145 employees

Less than a week after reaching an agreement to sell itself to a lending group, Tupperware Brands told the state it will terminate operations at its Orlando headquarters and lay off 145 employees by the end of the year.

In a notice filed Nov. 5 with the Florida Department of Commerce, the company said it will permanently close its facility at 19401 S. Orange Blossom Trail with layoffs going into effect Dec. 31.

The notice stated that some employees may be needed for a longer period to “provide transition or wind down services” and none are represented by a union.

Tupperware, known for its plastic food storage containers, filed for Chapter 11 bankruptcy Sept. 17 amid growing struggles to revitalize its brand. At the time, it reported more than $1.2 billion in total debts and $679.5 million in total assets, according to the bankruptcy petition.

The group set to buy Tupperware includes Alden Global Capital — owner of the Orlando Sentinel’s parent company Tribune Publishing — and Stonehill Capital Management Partners. The group said last week it will acquire some assets of the company and is expected to possibly extend “offers of employment to certain of the company’s employees” but details were “not known at this time.” read more

PortMiami’s record year keeps Port Canaveral at No. 2 for cruises

PortMiami’s record year keeps Port Canaveral at No. 2 for cruises

PortMiami saw a record 8.2 million cruise passenger movements in the last fiscal year, which solidified its place as the “cruise capital of the world” besting the record numbers Port Canaveral released last month.

The port announced it had 8,233,056 multiday cruise travelers from Oct. 1, 2023-Sept. 30, 2024, which topped the 7,592,535 multiday passengers tallied at Port Canaveral keeping the two ports 1-2 in the world for cruise traffic. Port Everglades came in third in the state announcing it had 4,010,919 during the same time period.

Port Canaveral has only topped PortMiami once for cruise traffic, and that was in 2022, the first full year back from the COVID pandemic as it became a popular drive-in market for cruise travel. Both Miami and Fort Lauderdale’s customer bases rely more on air travel to the ports.

All three ports, though, are seeing record traffic with more and bigger ships calling on the Florida as the Caribbean remains the No. 1 destination for cruise travel.

For Miami, it landed the world’s largest cruise ship with the debut of Royal Caribbean’s Icon of the Seas that began sailing in January. That helped pad the nearly 13% growth year over year as the port had just shy of 7.3 million passengers in fiscal 2023. read more

Once a retirement haven, Florida’s condo crisis is pricing seniors out

Once a retirement haven, Florida’s condo crisis is pricing seniors out

The Kalmia Condominiums in Clearwater wasn’t Ronni Drimmer’s dream retirement destination.

She bought a two-bedroom unit there for her mother in 2001 but ended up moving in when her mom died 18 months later.

“It’s not a fancy place,” Drimmer, 72, said. “There’s a swimming pool. There’s a clubhouse that looks like it’s in the year 1950. That’s pretty much it.”

The maintenance fees were cheap and the buildings had been kept in decent shape. That was enough to satisfy Drimmer and the nearly 300 other residents at her 55-plus community, many of them snowbirds and retirees living off Social Security.

For decades, seniors seeking a slice of the Sunshine State on a budget have flocked to condos like this one. But skyrocketing insurance rates and regulations passed after 2021′s deadly Surfside building collapse that dictate how much condo associations must save and spend on repairs have spiked costs and upended the real estate market.

Even though inspectors found no structural issues at Drimmer’s building, monthly maintenance fees for its 70 owners could climb by more than a third next year. That’s on top of an estimated 21% increase for insurance and a $500,000 special assessment to replace the roof. read more

SeaWorld, Universal: Theme-park attendance dipped in 3rd quarter

SeaWorld, Universal: Theme-park attendance dipped in 3rd quarter

SeaWorld Orlando and Universal Orlando’s parent companies reported decreases in attendance and revenue at their theme parks during their financial third quarters. Drastic weather conditions and the anticipation of Epic Universe were given as reasons.

Orlando-based United Parks & Resorts, which operates SeaWorld and 12 other attractions worldwide, said its third-quarter revenue was $545.9 million, a dip of 0.4% from the year-earlier period.

The company said it had 7 million theme park visitors in the three-month period that ended in October. That was a decrease of 1.4% from last year.

Officials said that hurricane season was a culprit.

“Third-quarter results were impacted by both a negative calendar shift and meaningfully worse weather, including Hurricane Debby in August and Hurricane Helene in September,” United CEO Marc Swanson said.

“October results were significantly impacted by Hurricane Milton, which resulted in 14 operating-day closures in our Florida market and an extended impact at our Tampa parks as that market recovered from the impact of the storm,” Swanson said. read more

Many retailers offer ‘returnless refunds.’ Just don’t expect them to talk much about it

Many retailers offer ‘returnless refunds.’ Just don’t expect them to talk much about it

By HALELUYA HADERO

It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too.

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

Companies such as Amazon, Walmart and Target have decided some items are not worth the cost or hassle of getting back. Think a $20 T-shirt that might cost $30 in shipping and handling to recover. There are also single-use items, such as a package of plastic straws, that might be difficult to resell or medicines that could be unsafe to market again.

Analysts say the companies offering returnless refunds do it somewhat sporadically, typically reserving the option for low-cost objects or ones with limited resale value. But some online shoppers said they’ve also been allowed to keep more pricey products.

Dalya Harel, 48, received a return-free refund recently after ordering a desk from Amazon that cost roughly $300. When the desk arrived, she noticed it was missing some key pieces and would be impossible to put together, Harel said. She couldn’t request a replacement and have it within a reasonable time for the office of her New York lice detection removal service because the item was out of stock. read more