Fears grow major home store is on the brink of bankruptcy
Fears grow major home store is on the brink of bankruptcy
A major home store is at risk of falling into bankruptcy despite celebrity deals and a Netflix boost. The Container Store is teetering on the edge of financial collapse, despite a large boost from Marie Kondo's hit Netflix show 'Tidying Up.' 'Tidying Up' introduced a wave of sorting, throwing out, and organizing across America when it first aired in 2019. Consumers quickly turned to the Container Store to buy staples such as storage bins, drawer organizers and shelves - especially when they were stuck at home during the pandemic.
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