The Container Store files for bankruptcy, insists it's here to stay

The Container Store filed for Chapter 11 bankruptcy protection on Sunday in an attempt to save the business and ensure future profitability. The move had been anticipated by Wall Street analysts as the retailer's financial struggles continued to grow. The Texas-based company with 103 stores across 34 states and the District of Columbia sells storage products and custom closets.The Container Store said this doesn't mark the end of the retailer. The company said it filed for voluntary protection under Chapter ...