by Mike Duff | Oct 30, 2024 | Retail Articles
The Container Store missed Wall Street expectations in its second-quarter recent agreement by Beyond, Inc. to take a significant ownership stake in the organization specialty retailer. Consolidated net loss by The Container Store in its second quarter was $16.1...
by Mike Duff | Oct 16, 2024 | Featured News, Retail Articles
The Container Store Group, citing a goal to boost customer satisfaction and return to profitability, has entered into a strategic partnership that will make Beyond, Inc. a major minority owner. The partnership will leverage the Bed Bath & Beyond brand and The...
by Mike Duff | Jun 5, 2024 | Retail Articles
The Container Store, as part of a plan to develop new growth avenues, has expanded its modular, wall-hanging Custom Spaces offering with the launch of Decor+ by Elfa. The Elfa line expansion comes shortly after the launch of Garage+ by Elfa which Container Ctore...
by Mike Duff | Feb 7, 2024 | Retail Articles
The Container Store posted year-over-year sales and earnings declines for its third quarter, although it noted new product success during the period. Consolidated net loss was $6.4 million, or 13 cents per share, versus net income of $4.2 million, or eight cents per...
by Mike Duff | Jan 9, 2024 | Retail Articles
The Container Store Group provided an update on its third-quarter fiscal 2023 outlook, including lowered sales guidance, in advance of its presentation and investor meetings at the 2024 ICR Conference. The Container Store President and CEO Satish Malhotra said the...