The Container Store is filing Chapter 11 bankruptcy, but Elfa, Custom Spaces, Avera and Preston installations and TCS credit cards are still working.
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 ...
(Reuters) - Custom closets manufacturer The Container Store filed for Chapter 11 bankruptcy protection in the United States, as the retailer struggles with mounting debt and weak consumer demand.
Investors in The Container Store (TCSG) have been sent packing as the struggling home goods chain files for bankruptcy. The retailer filed for Chapter 11 bankruptcy protection late Sunday ...
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.
The Container Store was founded in 1978 by Garrett Boone, Kip Tindell and investor John Mullen, who opened the doors of The Container Store’s first location in Dallas, according to the company.