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 ...

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 Container Store will remain open and fully functioning for both online and in-person shopping. Customers should expect no changes to their experience, said the company, meaning gift cards ...

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 ...