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 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 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.
Container Store Among String of Retailers Filing for Bankruptcy, Closing Stores
The Container Store has filed for bankruptcy, while both Party City and Big Lots have announced they are shuttering all their stores.
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. In a release, the Texas-based company said the transaction will "bolster its financial position,
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 bankruptcy, but it’s business as usual
Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a private company.
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?
December's mini-retail apocalypse rounded off a rough year for US stores
Big Lots, Party City, and The Container Store are all facing either bankruptcy or demise. The news rounded off an already ...
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 ...