The Container Store on verge of possible bankruptcy filing as housing market flails: report

1. The Container Store may file for bankruptcy due to weak housing market. 2. Sales dropped 10.5% in latest quarter, totaling $30.8 million in losses. 3. Inflation and high interest rates weaken consumer spending on home goods. 4. No significant increase in holiday sales expected to improve their situation. 5. Competitors like Walmart capture market share with lower prices.