The Original Storage and Organization Store
The container store, w It is the latest retailer impacted by customers really cutting back on discretionary spending. The company has $230 million in debt with nearly $12 million in cash on hand. Thanks to the filing, it will receive $40 million in fresh financing. In a statement, the container store said bankruptcy protection will help bolster its financial position, fuel growth initiatives, and drive enhanced long-term profitability. All 102 locations will remain open during t