The Container Store Group Inc. has enlisted the help of FTI Consulting Inc. to assist with operations as the company deals with declining liquidity in a challenging market.
According to sources familiar with the matter, the retailer is looking to stabilize its financial position in the face of ongoing difficulties in the retail sector.
The Container Store has announced in a regulatory filing that it is in advanced talks with lenders to secure additional capital. This move is aimed at revitalizing the company's earnings and growth prospects during these turbulent times.