The Container Store Files for Bankruptcy After 46 Years Amid ...
5 days ago · The news comes amid several recent major chain closings. Party City announced on Friday, Dec. 20, that it would shut down all its stores after nearly 40 years in business. Buy Buy Baby announced ...
The Container Store files for bankruptcy; CEO says it's 'here to stay'
5 days ago · Download USA TODAY's app to get to the heart of news Shop 15 last-chance Apple deals that will arrive before ... “The Container Store is here to stay,” CEO Satish Malhotra said in Sunday's ...
The Container Store files for bankruptcy amid stiff competition
5 days ago · “The Container Store is here to stay,” Chief Executive Satish Malhotra said in a statement. “Our strategy is sound, and we believe the steps we are taking today will allow us to continue to ...
The Container Store files for bankruptcy, but it’s business as usual
6 days ago · Retail industry news, voices and jobs. ... In a statement Sunday, Container Store President and CEO Satish Malhotra said the new strategy is sound, and thanked the company’s employees, customers ...
Container Store's millionaire CEO takes pay cut to give staffers a …
Sep 22, 2023 · Satish Malhotra, who rose to become the retail chain’s chief in February 2021, will have his base salary temporarily slashed from $925,000 to $832,500 as of Oct. 1, through March 31, 2024,...
The Container Store bankruptcies: What to know, will stores stay …
5 days ago · In a news release, the company said it will start a recapitalization to help strengthen its financial position for long-term growth and profitability. The Container Store currently has over 100 ...
Container Store files for bankruptcy as challenges mount, insists …
5 days ago · “The Container Store is here to stay,” said Satish Malhotra, CEO of The Container Store. “Our strategy is sound, and we believe the steps we are taking today will allow us to continue to ...
The Container Store says it's here to stay after filing for ... - MSN
In a news release, CEO Satish Malhotra also said the company fully intends to maintain a "strong workforce." "The Container Store is here to stay. Our strategy is sound, and we believe the steps ...
The Container Store files for Chapter 11 bankruptcy
5 days ago · Satish Malhotra, The Container Store CEO, said in a statement that the company is "here to stay." ... All the news you need to know, every day. By clicking Sign Up, I confirm
Container Store CEO cuts salary by 10% to help give pay ... - Dallas News
Sep 21, 2023 · The Container Store CEO Satish Malhotra is taking a 10% pay cut to help offset the cost of employee pay increases. Malhotra’s salary reduction was voluntary, the company said.