The container shop came from Chapter 11 Bankruptcy.
The rival of the Home Depot presented bankruptcy protection in Texas last month after he had fallen in $ 836.4 million debts.
Received the home goods chain A Boost van Marie Kondo's Hit Netflix Show 'Tidying Up' during the COVID-19 Pandemie, but then became Weigh weighed by losses in recent years.
On Tuesday, however, the company said that the bankruptcy left after achieving 'the objectives it has set for this process'.
These goals include the ingredient of part of its long -term debts, the refinancing of his shorter term debt and getting a money injection of $ 40 million.
The company, which yielded a loss of $ 10 million last year, continued to work as normal during the bankruptcy procedure and no employees lost their jobs.
The company closed two of its stores during the process, but argued that they were planned for the procedure separately.
The company currently has 102 stores in 34 states.
Tidying and Organization -expert Marie Kondo previously collaborated with the container shop
The 46-year-old company is now in a 'new chapter' with a 'healthier balance that the company positions for profitable growth', according to the CEO Satish Malhorta.
Earlier traded publicly, the container store will now become private, Yahoo Finance reported.
The chain, founded in 1978, was removed from the New York Stock Exchange on December 9 after it had fallen under the standard capital of the Exchange.
When it became public for the first time in 2013, it was priced at $ 525 per share, but this was drunk to only $ 0.32 per share by December 19.
Since inflation has hit hard in recent years, the container shop had difficulty stimulating income, especially since customers have postponed Big-ticket articles and renovate their houses.
Instead, Americans focused on buying essential goods from budget retailers.
The container shop submitted on December 22 for Chapter 11 -Protection, but emerged in January
The chain was removed from the New York Stock Exchange on December 9
Party City has closed all its stores and put an end to almost four decades
The misery of the container shop is part of a widespread 'retail apocalyps' that saw large companies submit in their throws in their throws last year in a bankruptcy and physical stores.
Until mid -December, American retailers close 7,300 stores – almost 60 percent rise compared to 2023.
Discount Retail Chain Big Lots said last year that it started to go with 'business' sales in all its stores in the US, after submitting bankruptcy in September.
The company initially said that it would close all its 963 remaining locations, after a sale to a private equity company came through – but has since found an investor who should keep open between 200 and 400.
In the meantime after almost four decades as an American retail institution, Party City announced at the end of last year that it would close its 850 stores.
The top store of America, Macy's, also announced that it would close 65 locations throughout the country before the end of January.
