The store, which sells home products from kitchen storage containers to fully customized closet systems, said in an email sent to customers on Monday that they intend to file for Chapter 11 Bankruptcy ...
The Container Store, which was recently delisted from the New York Stock Exchange, has filed for bankruptcy protection in an effort to try and turn its business around.
In 1999, The Container Store purchased one of its vendors, Elfa International. In 2021, it acquired Chicago's Closet Works and launched its premium, wood-based line Preston shortly thereafter.
He also stated that the filing will not impact those with a Container Store credit card or the store's loyalty benefits. Scheduled installations of their custom closet systems, like Elfa ...