The Container Store files for bankruptcy, but CEO says chain is 'here to stay'
The Container Store did not announce store closures along with its bankruptcy news Sunday. “The Container Store is here to stay,” CEO Satish Malhotra said in Sunday's statement. “Our strategy is sound, and we believe the steps we are taking today ...
The Container Store says it's here to stay after filing for bankruptcy
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.
The Container Store Files for Bankruptcy After 46 Years Amid 'Challenging' Economic Times
The store, which sells home products from kitchen storage containers to fully customized closet systems, said in an email sent to customers on Monday that they intend to file for Chapter 11 Bankruptcy with the intention to "strengthen our balance sheet and protect our financial health for the long-term."
The Container Store files for Chapter 11 bankruptcy
Company leaders say the chain's 100-plus locations – including one at Kenwood Collection – will remain open during the restructuring.
The Container Store is filing for bankruptcy. Here's what that means for its stores
Popular home storage and organization retailer The Container Store intends to file for Chapter 11 bankruptcy, the company announced Sunday.
Another Major Retailer Files for Bankruptcy: The Container Store Sends Message to Customers
The Container Store, a once-thriving home organization retailer, has become the latest casualty in a string of bankruptcy filings that have rocked the retail industry. In a recent message to customers,
Container Store declares bankruptcy but looks toward future with restructuring
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 Container Store files for bankruptcy amid stiff competition
The Container Store says business will continue as usual while it restructures after filing for Chapter 11 bankruptcy protection amid steep losses, slumping sales and increased competition.
Container Store files for bankruptcy as challenges mount, insists on business ‘as usual’
The Container Store Group Inc. filed for Chapter 11 bankruptcy late Sunday after facing multiple business and financial challenges.
The Container Store is filing for bankruptcy. Here's what will happen to its stores.
The Container Store's woes come during what's been a tough year for some bricks-and-mortar retailers, which have seen store closures spike almost 70% this year. Through November, about 45 retailers have filed for bankruptcy protection in 2024, compared with 25 retail bankruptcies for all of 2023, according to a recent CoreSight report.
Texas-based retailer The Container Store files for Chapter 11 bankruptcy
Coppell-based retailer The Container Store announced in a press release on Dec. 22 that it is filing for Chapter 11 bankruptcy.
The Container Store files for bankruptcy
The retailer, which has several stores across South Florida, has filed for bankruptcy protection as it contends with mounting ...
I visited The Container Store to see why sales are down. The selection was incredible, but the prices were higher than I expected.
The Container Store just filed for bankruptcy. I visited the store's Manhattan location in September and was disappointed ...