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The Container Store history
The Container Store company history timeline
Prior to the acquisition, The Container Store was the North American distributor for Elfa, which had been its best-selling product since the company's inception in 1978. 'There is a closeness between Elfa and The Container Store, a synergy.
After carefully evaluating locations, the company opened other stores in Texas--it had seven by 1989.
In 1990 The Container Store opened its first out-of-state store in Atlanta, Georgia.
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 August 1999 the company launched its first television advertising campaign in more than a decade. 'Garage' took a humorous look at over-organization.
The Container Store placed first in Fortune magazine's '100 Best Companies to Work for in America' survey in 1999.
In 1999 the company opened its first store in Florida.
In 1999 it had sales of $160 million.
In October 2000, its first New York metropolitan area store opened.
Our philosophies and cultures are aligned,' Tindell explained in HFN. As of 2000 the two companies continued to operate as separate entities.
Following the deal with Leonard Green & Partners, announced in July 2007, the company announced plans to open 29 more stores in the next five years.
In 2007, The Container Store, Inc. was sold to The Container Store Group, Inc.
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.
However, according to Forbes, "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.
As of May 2016, The Container Store had 80 locations, with plans to open several stores in the following months.
Our first distribution center in Coppell, Texas, is co-located with our corporate headquarters and call center, and our second distribution center in Aberdeen, Maryland, became fully operational in fiscal 2019.
In fiscal 2020, TCS had net sales of $923.1 million, which represented approximately 93% of our total consolidated net sales.
Effective March 1, 2021, Reiff retired from the company, while retaining her position as chairwoman of the board of directors until the annual meeting of shareholders in late summer 2021.
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The Container Store competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Crate and Barrel | 1962 | $1.6B | 7,500 | 438 |
| Bed Bath & Beyond | 1971 | $5.3B | 55,000 | - |
| Tillys | 1982 | $569.5M | 1,400 | 334 |
| Columbia Sportswear | 1938 | $3.4B | 8,900 | 199 |
| AmAppInc | 1987 | $608.9M | 8,000 | - |
| Patagonia | 1974 | $209.1M | 1,000 | 12 |
| west elm | 2002 | $98.0M | 1,897 | - |
| Eddie Bauer | 1920 | $1.0B | 10,000 | 182 |
| H&M | 1947 | $25.2B | 148,000 | 1,382 |
| Saks Fifth Avenue | 1924 | $1.9B | 12,900 | 155 |
The Container Store history FAQs
Zippia gives an in-depth look into the details of The Container Store, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Container Store. The employee data is based on information from people who have self-reported their past or current employments at The Container Store. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by The Container Store. The data presented on this page does not represent the view of The Container Store and its employees or that of Zippia.
The Container Store may also be known as or be related to CONTAINER STORE GROUP INC., Employee First Fund, The Container Store, The Container Store Group Inc, The Container Store Group, Inc., The Container Store Inc and The Container Store, Inc.