Companies

The Container Store files for bankruptcy as housing crisis cripples cash flow

The company has struggled to raise cash, and last month an agreement with the owner of Bed Bath & Beyond, Overstock and Zulily that would have come with a $40 million cash infusion fell apart. The Container Store said in a regulatory filing that it did not believe that it could match the financing requirements of the partnership with Beyond Inc.

AP Photo/Cathy Bussewitz, File


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