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."
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.
The Container Store Files for Chapter 11 Bankruptcy Protection Amid Retail Sector Struggles
The Container Store has filed for Chapter 11 but vows to keep stores open and continue business as it restructures.
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.
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 says it's filing for bankruptcy protection
The Container Store said late Sunday that it is filing for Chapter 11 bankruptcy protection after years of losses and declining sales.
The Container Store files for bankruptcy; what's it mean for the Gardens and Boca stores?
The Container Store files for bankruptcy. What's that mean for Palm Beach County stores in Palm Beach Gardens and Boca Raton?
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Home Depot rival files for bankruptcy and sparks fears of mass closures
The company had $229.8 million in long-term debt as of the quarter ended September 28. CEO Satish Malhotra, a former Sephora executive who took over the top spot at the chain in 2021, said he is ...
Another national retailer enters bankruptcy, will restructure debt
Company leaders of a retailer now in bankruptcy say the chain's 100-plus locations will remain open during the restructuring.
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 ...