by Mike Duff | Jan 29, 2025 | Featured News, Retail Articles
After a month in Chapter 11 bankruptcy protection, The Container Store Group announced the company has completed its financial restructuring process and emerged from court supervision as a private company. The United States Bankruptcy Court for the Southern District...
by Mike Duff | Dec 23, 2024 | Featured News, Retail Articles
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...
by Mike Duff | Nov 21, 2024 | Featured News, Retail Articles
Beyond, Inc. issued an update on its agreement to acquire a minority stake in The Container Store, warning the deal might fall through if The Container Store can’t secure new financing. The pending $40 million investment transaction might collapse, Beyond...
by Mike Duff | Oct 30, 2024 | Retail Articles
The Container Store missed Wall Street expectations in its second-quarter recent agreement by Beyond, Inc. to take a significant ownership stake in the organization specialty retailer. Consolidated net loss by The Container Store in its second quarter was $16.1...
by Mike Duff | Oct 24, 2024 | Retail Articles
In the midst of rapidly instituted changes as it reconfigures into a new, holding company-style operation, Beyond posted lower third-quarter sales and bigger losses that fell short of Wall Street expectations. Net loss was $61 million, or $1.33 per diluted share,...
