The Texas-based company, which has stores in Uniondale and Huntington, is grappling with mounting losses and cash flow shortages.
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 ...
High interest rates have kept many people from buying ... Walmart and HomeGoods. Holiday shopping likely won’t be strong enough to prop up the Container Store, analysts say.
The company, which counts more than 100 locations, is the latest national retailer weighed down by market forces.
The Container Store is filing for bankruptcy in the U.S. Bankruptcy Court in the Southern District of Texas as it looks to reorganize its debts. The retailer plans to stay in business.
The Container Store files for bankruptcy. What's that mean for Palm Beach County stores in Palm Beach Gardens and Boca Raton?
Shares of The Container Store were halted on the New York Stock Exchange as it prepares to delist the stock, marking the latest blow to the struggling retailer. The decision was made on Monday ...
The Container Store Group Inc. is preparing to file for bankruptcy in the coming weeks following mounting losses and escalating liquidity woes, according to people with knowledge of the plans.
High interest rates have kept many people from buying or selling their ... Walmart and HomeGoods. Holiday shopping likely won’t be strong enough to prop up the Container Store, analysts say. Moody’s ...