The Container Store files for bankruptcy amid sinking sales The company, which counts more than 100 locations, is the latest national retailer weighed down by market forces.

The Container Store is struggling to stay afloat largely due to market conditions and rising competition. Some experts say it's the next retailer to file for Chapter 11.

Last month, The Container Store said it was in advanced discussions with lenders to provide additional capital as it aimed to turn around sagging earnings and sales, according to a regulatory filing.

The Container Store joins the growing list of companies that have filed for bankruptcy this year, citing major economic challenges.

The results for the quarter, which included online sales decreasing nearly 26%, show a company "that remains in freefall," according to one analyst.

The Container Store has filed for Chapter 11 bankruptcy protection -- the latest retail chain that has been hit hard by soaring inflation.

The Container Store sales fall 12% in Q1 The results for the quarter, which included online sales decreasing nearly 26%, show a company “that remains in freefall,” according to one analyst.

The Container Store says business will continue as usual while it restructures after filing for Chapter 11 bankruptcy protection amid steep losses, slumping sales and increased competition.

The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.

The Container Store filed for bankruptcy protection in Texas over the weekend as it tries to shuck mounting debt and reverse the ebbing tide of shoppers in its stores.

(WJET/WFXP) — The Container Store, one of the largest retailers of organizing solutions, has filed for Chapter 11 bankruptcy. It is the second major company to file for bankruptcy in the past ...