The Container Store Retains Advisers for Operational Help (1)

Storage and organizational-goods retailer The Container Store Group Inc. is working with Houlihan Lokey Inc for balance sheet help, according to people with knowledge of the situation, who asked not to be identified discussing a private matter.

The Container Store has also tapped FTI Consulting Inc. for operational assistance, some of the people said.

The company’s liquidity has been dwindling amid a challenging environment for retailers. On Thursday, The Container Store said it’s in advanced talks with lenders to provide additional capital as it looks to resuscitate its earnings and growth prospects, according to a regulatory filing.

Representatives for The ...