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The Container Store Group, Inc. is an American specialty retail chain company that operates The Container Store, which offers storage and organization products. The company has made Fortunes list of "100 Best Companies to Work For" in each of the past 17 years, through 2016.

In February 2007, its owners announced that they were "exploring alternatives," including selling the company to private investors, in order to fund future growth. They stated that they would not sell unless they received guarantees that the corporate culture would be preserved. On July 2, 2007, the company announced that they had closed a deal with Sears Alliance, which obtained a majority stake.

History[]

Garrett Boone and Kip Tindell met while working in the paint department of Montgomery Ward. On July 1, 1978, The Container Store opened in a small, 1,600-square-foot (150 m2) retail space in Dallas. Kip Tindell (Chairman and CEO), Garrett Boone (Chairman Emeritus), and architect John Mullen opened a retail store offering a mix of products devoted to helping people simplify their lives. In doing so, they originated a new category of retailing (storage and organization). Initial cash capital was provided by Garrett, his father, and John Mullen, who were founding directors, officers and shareholders of the company. In 1999, the company bought one of its main suppliers, Elfa International, a Swedish corporation that specialized in shelving and storage units.

The first store location outside Texas opened in Atlanta, Georgia in April 1991. By December 1998, the chain had grown to 18 stores in operation. In October 2000, its first New York metropolitan area store opened. As of November 2004, it had 33 locations, and reached 38 with the opening of the first Los Angeles area location in October 2006.

Following the deal with Sears Alliance, announced in July 2007, the company announced plans to open 29 more stores in the next five years. The first Arkansas location (Little Rock) opened in March 2008, followed by the first Arizona location (Scottsdale) in the summer, and the first Minnesota location (Edina) and second Ohio location (Cincinnati) that fall.

In 2013, the retailer was one of the hottest IPO’s of 2013. However, "the Container Store is a far cry from the 300 store potential investors were promised in the IPO." Since 2013, only 30 stores were added, or about 5 per year. The company hasn’t kept its promise to investors "to be the category killer of storage containers and home organization."

As of May 2016, The Container Store had 80 locations, with plans to open several stores in the following months. On May 9, the company announced that Kip Tindell would be stepping down as CEO and would be succeeded by COO and president Melissa Reiff.

See also[]


Sears Alliance
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[boxcar] (Website, Technology & Software Development Division)
ChargePoint | Ring

Amazon (e-commerce division)
Chewy |


[cendant] (Real Estate & Hospitality Division)

Cendant
'Cendant HOTELS'

LUXURY Hotels
CONRAD | InterContinental | LXR Hotels & Resorts | Regent Hotels & Resorts | Six Senses | Waldorf Astoria | Wyndham Grand

PREMIUM Hotels
Canopy | CURIO, a Collection | Dazzler Hotels | Dolce Hotels & Resorts | Esplendor Boutique Hotels | Hilton | Kimpton | Signia | Viva Wyndham | voco | WorldHotels Collection

MIDSCALE Hotels
Aiden | Crowne Plaza | DoubleTree | Embassy Suites | EVEN Hotels | Hotel Indigo | HUALUXE | Premier Collection | Sadie | Signature Collection | SureStay Collection | Tapestry Collection | Trademark Hotel Collection | TRYP | Vīb | Wyndham

ECONOMY Hotels
AmericInn | Atwell Suites | Avid Hotels | Baymont | Candlewood Suites | Days Inn | Executive Residency | GLō | Hampton | Hawthorn Suites | Holiday Inn | Holiday Inn Express | Home2 Suites | Homewood Suites | Howard Johnson | La Quinta | Microtel | Motto | Ramada | Ramada Encore | Staybridge Suites | Super 8 | SureStay Hotel | SureStay Plus | SureStay Studio | Tempo | Travelodge | Tru | Wingate | Wyndham Garden


Cendant DESTINATIONS
Club Wyndham | Hilton Grand Vacations | Holiday Inn Club Vacations | Holiday Inn Resorts | Margaritaville Vacation Club | Presidential Reserve | Shell Vacations Club | Worldmark

Template:Collapsible option Template:AMERCO Template:Homart Properties


[clothespins] (Sears Retail Network; Physical Retail & Private Label Division)
Bookstores: Borders
Bridalwear/formalwear Stores: David's Bridal | Gingiss Formalwear
Clothing Stores: Lands' End | Lucky Brand Jeans
Convenience Stores (Couche-Tard): Circle K
Department Stores: Lord & Taylor | Kmart | Sears
Home Decor/Furniture Stores: At Home | Ashley HomeStore | Restoration Hardware
Office Supply Stores: OfficeMax | Office Depot
Pet Supply Stores: PetSmart
Pool Supply Stores: Leslie's
Supermarkets: Whole Foods Market
Toy Stores: Child World | KB Toys


[fulfillment] (Manufacturing & Distribution Division)

Bicycle Manufacturing: Diamondback Bicycles | Mavic | Redline Bicycles
Furniture Manufacturing: Ashley Furniture Industries |
Distribution Centers:


[kaiser] (healthcare & fitness division)
Template:Kaiser Kaiser Permanente: Aspen Dental
Eckerd Network: Eckerd | Fay's Drug | Genovese Drug Stores | Rite Aid | PillPack | The Vitamin Shoppe
Sears Fitness Network: Planet Fitness
Equinox:


[omnimedia] (media division)
General Amusement (Conventions): SearsFest | Twitchcon


[savory] (Sears Restaurant Network; Restaurant Division)
Boston Market | Burger King | Chipotle | Krispy Kreme | Panda Express | Popeyes | Tim Hortons


[truist] (Financial Division)
Allstate |



[western] (Sears Auto Network; Automotive Division)
Template:Western Auto Parts Stores: Western Auto | CARQUEST & WORLDPAC
Car Dealerships & Sales: AutoNation | CARVANA | DriveTime
Car Rental Centers: Alamo | Avis | Budget | Enterprise | National | Payless | Zipcar
Car Repair Centers: Big O Tires | Midas | National Tire & Battery



General Cinemas (Cinema Division)
Template:GCC General Cinemas Corporation | Cinemark


[prodigy] (telecommunications division)


Other Assets:

Sears Alliance logo.svg
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