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    Starcade (starcade@sfba.social)'s status on Tuesday, 24-Dec-2024 06:55:13 JST Starcade Starcade

    Another niche brick and mortar store files for bankruptcy 🙁

    The Container Store

    https://finance.yahoo.com/news/container-store-buffeted-rough-housing-125303213.html

    In conversation about a month ago from sfba.social permalink

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    1. https://files.sfba.social/media_attachments/files/113/703/029/691/270/764/original/c340717941964077.png
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      The Container Store, buffeted by rough housing market and competition, seeks bankruptcy protection
      The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to the 1970s grapples with mounting losses and cash flow shortages. Under Chapter 11 protection, The Container Store will continue to operate while it restructures. The company said Sunday that it had filed for bankruptcy protection in Texas.

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