The Container Store eliminates $88 billion in debt and secures new financing. The retail giant maintains operations while ...
Bankruptcy gave it breathing space, said one analyst, but does not address such overarching issues as weak demand for its products and cheaper rivals ...
The Container Store Group Inc. is getting ready to exit bankruptcy only a month after filing for Chapter 11 protection protection in late December. The Container Store Group Inc. is getting ready ...
Jan 24 (Reuters) - A U.S. bankruptcy judge on Friday approved the Container Store's bankruptcy restructuring, allowing the retailer to cut $88 million in debt. U.S. Bankruptcy Judge Alfredo Perez ...
The Container Store Group Inc. is getting ready to exit bankruptcy only a month after filing for Chapter 11 protection in late December. The Coppell-based retail chain secured court approval on ...
The Container Store won court approval to exit bankruptcy a little more than a month after filing Chapter 11 and to enact a lender-backed plan to cut its debt and provide the retailer with fresh ...
The Container Store on Tuesday announced it has exited Chapter 11 bankruptcy, shedding $88 million in debt. The Container Store is now a privately held company owned by its lenders, according to a ...
COPPELL, Texas — The Container Store Group Inc. has completed its financial restructuring process and emerged from Chapter 11 bankruptcy protection, and are now a private company. The company ...
The company is exiting bankruptcy only about a month after filing for a Chapter 11 reorganization. The deal will significantly cut its debt and also wipe out the equity of shareholders. Learn more ...
The case is The Container Store Group Inc., number 24-90627, in the US Bankruptcy Court for the Southern District of Texas. Most Read from Bloomberg Businessweek Forget Factories, Small US Towns ...
“Before bankruptcy, the company was in danger of running out of cash,” said Neil Saunders, a retail analyst at the research and analytics firm GlobalData. In October, the Container Store ...