The Container Store was founded in Dallas, Texas, in 1978 by two co-workers Garrett Boone and Kip Tindell. The company operates a chain of stores which offer consumer household organization items.
The company offers a wide range of items for organization and storage for almost every room of the home, as well as some that could be used for business, including filing cabinets, garage overhead storage containers and units, closet designs, boxes, and unique jewelry box containers. From the original small store in Dallas, the company today has more than 80 locations, with plans to open 30 more in the next 5 years.
History
In mid-2018, the company released a new set of ads with a creative tagline of selling space, rather than focusing on containers.
The Container Store went public on the NYSE and is sold under the ticker symbol: TCS. The company was sold to equity-based firm Leonard Green and Partners in 2007. Annual revenue in 2019 was $895 million. The company employs approximately 5,110 persons.
In October 2020, Container Store stocks began to soar based on the news that earnings will be higher than expected.
This is possibly due to The Container Store being featured on the Netflix series “Get Organized With the Home Edit” program.
The Container Store was founded in Dallas, Texas, in 1978 by two co-workers Garrett Boone and Kip Tindell. The company operates a chain of stores which offer consumer household organization items. The company offers a wide range of items for … [Continue reading] about The Container Store Corporate Office
