The Container Store has officially filed for bankruptcy. So what happens to the popular home storage and organization chain? According to CBS News, the Texas-based company said that its stores and online operations will remain open throughout its Chapter 11 bankruptcy process. The chain has more than 100 locations across the United States.
The Container Store filed for bankruptcy protection on Sunday amid a slowdown in sales. Under Chapter 11 protection, the storage and organizational supply retailer based in Coppell will still operate and make timely payments to vendors and suppliers.
NEW YORK (AP) — The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to the 1970s grapples with mounting losses and cash flow shortages.
Walmart and fintech company Branch Messenger are being sued by the Consumer Financial Protection Bureau for allegedly forcing more than one million delivery workers to use expensive deposit
The Container Store filed for Chapter 11 bankruptcy protection — the latest retail chain to buckle as inflation-weary shoppers pare back discretionary spending on home remodeling. The
The Container Store just filed for bankruptcy. I visited the store's Manhattan location in September and was disappointed with the pricing.
The Texas company has faced increasing competition from retailers like Target and Walmart at the same time that demand for its goods is under strain in a rough housing market.
During what has been a rough year for some big-name American retailers, the CEO of The Container Store said on Monday that the company is "here to stay" and looking at the future despite its bankruptcy.
The filing arrives two weeks after the trading of company shares were suspended by the New York Stock Exchange.
It’s been nearly three weeks since a father and his adult daughter were shot and killed in the parking lot of the Woodward Walmart. Their family is now preparing to spend their first
Big Lots, Party City, and The Container Store are all facing either bankruptcy or demise. The news rounded off an already tough year for US retailers.