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The Container Store is filing Chapter 11 bankruptcy, but Elfa, Custom Spaces, Avera and Preston installations and TCS credit cards are still working.
Hold everything: Beloved organization retailer The Container Store has filed for bankruptcy. The store, which sells home products from kitchen storage containers to fully customized closet systems ...
Parent company The Container Store Group said in a press statement that the move aims to bolster the company's financial position, calling it a "recapitalization transaction" that will "fuel ...
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.
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 ...
Elfa is a storage solution [buzzword] company that is headquartered in Malmö, Sweden. The company was founded in 1948 by the Swedish engineer Arne Lydmar. The Elfa corporate group consists of three manufacturing entities and seven sales companies in Europe. The group employs about 501 people and the turnover is approximately SEK 1 203 M (FY2019).
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