by Mike Duff | Mar 21, 2025 | Retail Articles
Satish Malhotra has left his post as CEO of The Container Store, which has created an Office of the Chief Executive to run the company with Joel Bines, the company’s board chairman, becoming executive chairman. The move was reported by The Dallas Morning News based on...
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 | 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 16, 2024 | Featured News, Retail Articles
The Container Store Group, citing a goal to boost customer satisfaction and return to profitability, has entered into a strategic partnership that will make Beyond, Inc. a major minority owner. The partnership will leverage the Bed Bath & Beyond brand and The...