The Container Store on verge of possible bankruptcy filing as housing market flails: report

The Container Store may be the next home goods chain to file for bankruptcy as a weak housing market and inflated prices hurt sales, according to a report.The Coppell, Texas-based chain enjoyed a pandemic-induced boost in 2020 and 2021 when consumers, stuck inside their homes, took inspiration from Marie Kondo’s Netflix hit “Tidying Up” and de-cluttered their spaces in a frenzy.But a weak housing market has resulted in fewer people moving houses – resulting in smaller sales of bins and dividers. American co ...