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.
The Container Store Group (TCSG) files for Chapter 11 bankruptcy, plans to restructure and continue operations as usual.
The Container Store and Party City join Macy's, Stop & Shop, Big Lots and a handful of national pharmacy chains that are rolling up the sidewalks as a divide rocks the retail world.
The Container Store just filed for bankruptcy. I visited the store's Manhattan location in September and was disappointed ...
Big Lots is putting everything in its 900 stores on sale with plans to close the business in early 2025 unless a buyer is ...
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