The Container Store has officially filed for bankruptcy. So what happens to the popular home storage and organization chain? According to CBS News, the Texas-based company said that its stores and online operations will remain open throughout its Chapter 11 bankruptcy process. The chain has more than 100 locations across the United States.

The company, which counts more than 100 locations, is the latest national retailer weighed down by market forces.

The Container Store filed for bankruptcy protection on Sunday amid a slowdown in sales. Under Chapter 11 protection, the storage and organizational supply retailer based in Coppell will still operate and make timely payments to vendors and suppliers.

The home-organizing giant struggled with a pullback in store sales and increased competition from discounters.

The Container Store filed for Chapter 11 bankruptcy protection — the latest retail chain to buckle as inflation-weary shoppers pare back discretionary spending on home remodeling. The

The Container Store just filed for bankruptcy. I visited the store's Manhattan location in September and was disappointed with the pricing.

The Container Store has filed for bankruptcy. It is the latest well-known retailer to fall victim to customers cutting back on discretionary spending.

The Container Store has filed for Chapter 11 bankruptcy protection, the New York Post reported. With around 100 stores around the country, including at the Staten Island Mall in New Springville, the storage and organizational products retailer has seen demand decline amid a tough housing market marked by high prices and rising mortgage rates.

The Container Store's woes come during what's been a tough year for some bricks-and-mortar retailers, which have seen store closures spike almost 70% this year. Through November, about 45 retailers have filed for bankruptcy protection in 2024, compared with 25 retail bankruptcies for all of 2023, according to a recent CoreSight report.