TCS
THE CONTAINER STORE GROUP, INC.
Delisted
TCS was delisted on the 9th of December, 2024.
About: The Container Store Group Inc is a U.S. based specialty retailer of storage and organization products and solutions. It offers a collection of multifunctional and customizable storage and organization solutions. The company consists of two segments., The Container store segment consists of retail stores, website, and call center, as well as installation and organizational services business. The Elfa segment involves designing and manufacturing component-based shelving and drawer systems and made-to-measure sliding doors. It derives a majority of the revenue from the Container store segment.
Employees: 4,300
Financial journalist opinion
Neutral
Business Wire
2 months ago
Northern Trust Transforms Securities Settlement Platform through Collaboration with TCS
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The collaboration with TCS BaNCS™ will enhance Northern Trust's global securities settlements platform, which spans 99 global markets.
Negative
New York Post
4 months ago
The Container Store files for Chapter 11 bankruptcy protection
The Container Store filed for Chapter 11 bankruptcy protection — the latest retail chain to buckle as inflation-weary shoppers pare back discretionary spending on home remodeling.
Neutral
Business Wire
4 months ago
The Container Store to Execute Comprehensive Recapitalization Transaction with Lender Support to Best Position the Company for Future Success
COPPELL, Texas--(BUSINESS WIRE)--The Container Store Group, Inc. (“The Container Store” or “the Company”), the nation's leading retailer of organizing solutions, custom spaces, and in-home services, today announced it will implement a recapitalization transaction to bolster its financial position, fuel growth initiatives, and drive enhanced long-term profitability. To effectuate the transaction, The Container Store and certain of its subsidiaries filed for voluntary protection under Chapter 11.
Negative
Fox Business
5 months ago
The Container Store gets bad news from NYSE
The New York Stock Exchange has halted trading of The Container Store as it prepares to delist the company, marking the latest blow to the retail chain.
Neutral
Business Wire
5 months ago
NYSE to Commence Delisting Proceedings Against The Container Store Group, Inc. (TCS)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of The Container Store Group, Inc. (the “Company”) from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company's common stock pursuant to Section 802.01B of the NYSE's Listed Company Manual because the Company had fallen.
Negative
Fox Business
5 months ago
Why The Container Store could be next retailer to go bankrupt
The Container Store is struggling to stay afloat largely due to market conditions and rising competition. Some experts say it's the next retailer to file for Chapter 11.
Negative
New York Post
5 months ago
The Container Store on verge of possible bankruptcy filing as housing market flails: report
The Container Store has been hit hard by a weak housing market and inflated prices.
Negative
WSJ
5 months ago
Container Store Doesn't See Funding Deal With Beyond Closing
The $40 million deal represented a financial lifeline for the company that has experienced dwindling sales and quarterly losses.
Negative
Market Watch
5 months ago
Beyond Inc. was set to rescue the Container Store. Now that's off the table.
Beyond says it can't move ahead with its planned $40 million investment.
Neutral
Business Wire
5 months ago
The Container Store Announces Global Licensing Partnership With Vacane Household Commodities Co., Ltd.
COPPELL, Texas--(BUSINESS WIRE)--The Container Store (NYSE: TCS), the nation's leading retailer of organizing solutions, custom spaces, and in-home services, is expanding its customer favorite Everything Organizer™ collection internationally through a partnership with Vacane Household Commodities, the strategic partner manufacturing this collection. This marks the first licensing of The Container Store brand internationally. Exclusive to The Container Store, the Everything Organizer collection.
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