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COPPELL, Texas — The Container Store Group, Inc. implemented a recapitalization transaction to "bolster its financial position, fuel growth initiatives, and drive enhanced long-term profitability.

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The North Texas-based retailer has filed for bankruptcy protection but said it plans to move swiftly through the restructuring process, with tens of millions in new financing already lined up.

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At close: January 23 at 3:00:00 PM EST ...

[Update from Dec. 27, 2024] The Container Store filed for Chapter 11 bankruptcy on Dec. 22 to facilitate a recapitalization effort aimed at bolstering its finances. The company said in a statement ...

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Some holiday present: On Monday, December 23, the Container Store filed for Chapter 11 bankruptcy protection. This doesn't mean the organizing destination is going to close anytime soon, but it ...