by Mike Duff | Dec 10, 2024 | Retail Articles
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...
by Peter Giannetti | Nov 18, 2024 | Retail Articles
The Container Store Group received an extension on its deadline to secure a qualified financing transaction from November 14, 2024, from today to December 6, 2024. The Container Store entered into an amendment on October 8, 2024, to its existing term loan credit...
by Peter Giannetti | Oct 28, 2024 | Retail Articles
Beyond Inc. Executive Chairman Marcus Lemonis has acquired 156,985 shares of Beyond’s common stock for $6.37 a share, a total value of $999,994, according to a recent SEC filing. Lemonis now holds 365,530 shares of the company. Lemonis’ share purchase follows Beyond’s...
by Mike Duff | Aug 7, 2024 | Retail Articles
The Container Store fell short of Wall Street first-quarter estimates, especially in its general merchandise business, as the retailer recorded double-digit negative comparable sales. Consolidated net loss was $14.7 million, or 30 cents per diluted share, versus a net...
by Mike Duff | Jan 2, 2024 | Retail Articles
The Container Store Group promoted Lindy Rawlinson to chief digital officer and vice president of stores and Jennifer Pape to senior vice president of stores. Rawlinson previously was executive vice president of e-commerce and digital marketing. In her new position,...
