Texas – Home and office organizing goods retailer The Container Store announced late Sunday that it is filing for Chapter 11 bankruptcy protection.
The retailer had multiple years of declining sales.
Founded in 1978, The Container Store Group, Inc. is the nation’s only retailer with a solution-oriented offering of custom spaces, organizing solutions, and in-home services that they say are designed to transform lives through the power of organization.
The bankruptcy doesn’t include its Elfa business in Sweden.
There are more than 100 stores nationwide plus an online retail site.
The Container Store locations nearest the Ohio Valley are Pittsburgh and Columbus.
Other retail stores are also experiencing losses with Big Lots and Party City announcing last week they are closing.
