Gov. Gavin Newsom welcomed the retailer back to the state.

“With a thriving economy growing faster than all other developed nations, California always reaches out with an open hand – not a closed fist,” he posted on X in April.

The Container Store filed for bankruptcy in 2024 and emerged from it in early 2025. Bed Bath & Beyond then acquired the Container Store in April for roughly $150 million in stock and convertible notes, a move that forms part of the company’s broader comeback strategy following its own bankruptcy.

“Our customers don’t think about their homes in categories,” Lemonis said in a statement. “By bringing Bed Bath & Beyond and The Container Store together, we’re creating a destination where customers can buy products, organize their spaces, design custom solutions and access services all under one roof.”