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 46-year-old company said in a statement late ...
The Container Stores expects sales declines will worsen, resulting in cost-cutting for the Coppell-based organization-products retailer that includes job losses in stores and its support center.
The Container Store’s millionaire CEO has voluntarily taken a 10% pay cut to ensure that his workers get a raise despite the company’s profits taking a hit, according to The Dallas Morning News.
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