by Mike Duff | Aug 2, 2023 | Retail Articles
In the first quarter, The Container Store went from profits to a loss year over year under pressure from macroeconomic conditions that reduced sales and prompted the company to launch promotional initiatives. Net loss was $11.8 million, or 24 cents per diluted share,...
by Mike Duff | Jun 22, 2023 | Organization & Cleaning, Retail Articles
The Container Store Group has expanded its back-to-college partnership with Dormify, the online shop for dorm décor and organization, the companies announced jointly. As part of the deal, 40 Container Store locations will give shoppers a chance to check out...
by Mike Duff | Jun 9, 2023 | Retail Articles
The Container Store Group reported it has expanded and extended its consumer financing partnership with Synchrony. The consumer financial services provider inked a multi-year agreement that builds on its relationship with the retailer and covers initiatives in the...
by Mike Duff | May 18, 2023 | Retail Articles
The Container Store came up short of a Wall Street earnings estimate as comparable store sales in its fiscal fourth quarter fell. Net loss in the quarter was $189.3 million, or $3.85 per diluted share, versus net income of $23.2 million, or 46 cents per diluted share,...
by Mike Duff | May 1, 2023 | Food Storage, Home Storage & Organization, Organization & Cleaning, Retail Articles
As part of a plan to become more environmentally friendly, The Container Store Group has announced a Closet Clean Out resale initiative that will give customers the chance to resell “gently worn” clothing, shoes and accessories for shopping credit. The...
