The Container Store filed for Chapter 11 bankruptcy protection with a lender-backed plan for emerging as a private company, signaling the end of a proposed investment in The Container Store by Beyond, Inc. A source close to the matter told HomePage News The Container...
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
Kirkland’s has extended the voting deadline for its upcoming special shareholders meeting originally scheduled for December 23 involving the partnership and investment deal it struck with Beyond. Kirkland’s noted preliminary results suggest its shareholders...
The Container Store’s difficulties continue with the New York Stock Exchange announcing it has begun proceedings to delist the common stock of The Container Store Group from the market. The NYSE move follows an announcement by Beyond that a deal that would have...
Kirkland’s touted opportunities presented by its recent deal with Beyond while reporting a reduced adjusted loss and positive comparable store sales in its third quarter. Net loss in the quarter was $7.7 million, or 59 cents per diluted share, versus a net loss...
