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 ...

"What is important for you to know is that The Container Store is not going anywhere, and our stores and website remain open ...

expand our reach and strengthen our capabilities,"The Container Store CEO Satish Malhotra said in the statement. The bankruptcy doesn't include its Elfa business in Sweden, according to the statement.

Texas-based retailer The Container Store has filed for Chapter 11 Bankruptcy. What does that mean for its customers?

The Container Store also promises that stores and the website will honor and deliver ... which similarly offers storage products. Known as Elfa, the business will continue to operate as usual ...

Latest reports are again suggesting that there is something severely wrong with the US retail chains as following the same ...

The chain’s 102 locations and website ... The Container Store plans to emerge as a private company when the Chapter 11 process is complete. The company’s Sweden-based Elfa brand, described ...

A separate statement on the company's website also reassured that ... The bankruptcy does not affect or include its Elfa business in Sweden. The Container Store will remain open and fully ...

Net losses came in at $16.1 million. The Container’s Store bankruptcy filing does not include the company’s Elfa business in Sweden, which continues to operate as usual.