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The Container Store was founded in Dallas by Garrett Boone and John Mullen. With the backing of their families, they inaugurated the first The Container Store on July 1, 1978. The store introduced a new retailing category: home storage and organization. [2] [3] Kip Tindell and his wife joined the founding team the next year.
The Container Store is filing Chapter 11 bankruptcy, but Elfa, Custom Spaces, Avera and Preston installations and TCS credit cards are still working.
"The Container Store is not going anywhere, and our stores and website remain open for business," Malhotra wrote of the 46-year-old business's 102 locations. "We will maintain normal operations ...
The Container Store said it expected to confirm a plan of reorganization within 35 days and emerge from bankruptcy soon after as a private company. The company said at least 90% of its term loan ...
Texas-based retailer The Container Store announced Sunday it filed for Chapter 11 Bankruptcy, though the CEO has since said the chain is "here to stay." Parent company The Container Store Group ...
At the time of filing, The Container Store Group reported $243 million in debt. The company has secured $40 million in new financing and at least $45 million of deleveraging funds. For the second ...
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 ...
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 ...