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NEW YORK (AP) — The Container Store has filed for bankruptcy protection as the storage and organizational ... Store purchased one of its vendors, Elfa International. In 2021, it acquired Chicago ...
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 ...
The Chapter 11 process doesn't include its Elfa business ... The Container Store operates more than 100 locations nationwide with more than 10,000 products, including storage bins, cookware ...
The Container Store joins the growing list of companies that have filed for bankruptcy this year, citing major economic challenges. These factors include reduced customer spending in the storage ...
The retailer, known for selling storage and organization products ... The bankruptcy does not affect or include its Elfa business in Sweden. The Container Store will remain open and fully ...