The Container Store Group named former Bed Bath & Beyond executive Stacey Shively chief merchandising officer and promoted chief information officer Dhriti Saha to COO. As chief merchant, Shively (pictured above) will lead the merchandising team and collaborate...
Container Store made adjustments and advanced store and holiday initiatives in the second quarter even as macroeconomic challenges pressured results. As it announced its financial results, the company announced a new architecture for its offering of custom spaces and...
The Container Store reported a comparable sales gain and a Wall Street earnings estimate beat in its first quarter. Consolidated net income was $10.5 million, or 21 cents per diluted share, versus $17.7 million, or 35 cents per diluted share, in the 2021 first...
The Container Store’s fourth-quarter sales and earnings lagged year over year but were better on a two-year basis. For the fourth quarter, net income was $23.2 million, or 46 cents per diluted share, versus $35.1 million, or 69 cents per diluted share, in the...
The Container Store has acquired Chicago-based home storage solutions and closet organization company Closet Works for $21.5 million. The storage retailer announced that the strategic acquisition will expand its manufacturing capabilities in wood-based spaces and...