Image source: The Container Store What: Shares of specialty retailer The Container Store fell 24.2% in May, according to data from S&P Global Market Intelligence .

The Container Store's fiscal first quarter of 2022 wasn't bad, per se. Comparable-store sales rose 5.1%, driven by the key custom-closets business, where sales jumped 14.7% year over year.

T he Container Store Group Inc.’s stock fell Thursday, after the struggling storage retail chain said the $40 million investment it was to receive from home-goods seller Beyond Inc., the company ...

The Container Store will issue approximately 40,000 shares of a newly created series of preferred stock to Beyond for an aggregate purchase price of $40 million.

The stock of The Container Store has sunk some 70% since we first looked at it some 14 months ago. Retailers continue to face a challenging consumer environment on myriad fronts.

Two weeks after its stock was suspended from the New York Stock Exchange (NYSE), The Container Store has become the latest embattled retailer to file for Chapter 11 bankruptcy protection.

Container Store’s stock traded for as much as $46.61 a share shortly after the company went public in late 2013, giving the company a market capitalization of more than $2.2 billion.

The Container Store expects to increase its store count significantly, by 76 stores. Read why I believe this ambitious plan makes TCS stock a Buy.

The Container Store in May said it had begun “a formal review process” of ways to recharge its stock value. Photo: The Container Store Group Inc.

The Container Store will issue approximately 40,000 shares of a newly created series of preferred stock to Beyond for an aggregate purchase price of $40 million.