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The Container Store couldn't keep up as consumers turned to Amazon, ... Both Party City and Big Lots also announced that they're officially going out of business this past week. A fall from grace.
The Container Store is back from bankruptcy. The struggling home goods emerged from Chapter 11 bankruptcy on Tuesday, Yahoo Finance learned exclusively. In a release, the company said it "achieved ...
The Container Store is filing Chapter 11 bankruptcy, but Elfa, Custom Spaces, Avera and Preston installations and TCS credit cards are still working.
The Container Store joins the growing list of companies that have filed for bankruptcy this year, citing major economic challenges. ... prompting “going out of business” sales at its remaining ...
The Container Store was founded in Dallas by Garrett Boone and John Mullen. With the backing of their families, they inaugurated the first The Container Store on July 1, 1978. The store introduced a new retailing category: home storage and organization. [2] [3] Kip Tindell and his wife joined the founding team the next year.
The Bon-Ton, a regional department store operator, filed for Chapter 11 bankruptcy on February 5, 2018. The company said it would close 42 stores. [72] On April 17, 2018, The Bon-Ton announced plans to go out of business after being purchased by two liquidators. [73]
"The Container Store is not going anywhere, and our stores and website remain open for business," Malhotra wrote of the 46-year-old business's 102 locations. "We will maintain normal operations ...
The Container Store has filed for bankruptcy. It is the latest well-known retailer to fall victim to customers cutting back on discretionary spending. The 46-year-old company said in a statement ...