In its most recent quarterly report, the Container Store recorded a net loss of more than $16 million. The company’s consolidated net sales slumped 10.5 percent year-over-year to $196.6 million.
Big Lots conducts going-out-of-business sales after sale of company falls through The Container Store joins the growing list of companies that have filed for bankruptcy this year, citing major ...
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 ...
The Container Store said late Sunday that it is filing for Chapter 11 bankruptcy protection after years of losses and declining sales. The retailer, known for selling storage and organizational ...
Just three years ago, The Container Store’s net sales reached $1 billion — marking a major milestone for the firm. In 2021, its stock reached nearly $18 a share. But stiff competition from ...
fewer home sales, a post-COVID economic slump, and increased competition. “The Container Store is here to stay. Our strategy is sound, and we believe the steps we are taking today will allow us ...