Major US retailers announced more than 7,300 store closures last year, up 57% from 2023, according to Coresight Research. That’s the highest annual number of closed stores since 2020, when the ...

Long Island shoppers may see few immediate changes after the bankruptcy filing of The Container Store, the home and office organizing retailer. The Texas-based company, which operates locations at ...

Latest reports are again suggesting that there is something severely wrong with the US retail chains as following the same path like Big Lots and Party City, recently Container Store has also filed ...

The Container Store has filed for Chapter 11 bankruptcy, citing declining sales driven by the ongoing housing market crisis and rising mortgage rates. The Texas-based retailer, with around 100 ...

In June, The Container Store reported that first fiscal quarter sales were down 12.2% compared to the same period in 2023. The following month, Modern Retail reported that the company hadn't ...

Texas-based retailer The Container Store announced Sunday it filed for ... has struggled with growing debt and dismal sales in recent years. In October, it reported a 26-week net loss of $30.8 ...