Full Answer
What type of company is the Container Store?
The Container Store Group, Inc. is an American specialty retail chain company that operates The Container Store, which offers storage and organization products, and custom closets. The company has made Fortune's list of "100 Best Companies to Work For" in each of the past 17 years, through 2016.
What are the best storage unit franchise opportunities in the USA?
The list of popular storage unit franchise opportunities in the USA includes plenty of different concepts. Among them are portable storage container solutions; deliveries of trailers containing storage containers to customers' homes; warehouse self-storage and moving services, etc.
How much does a moving and storage franchise cost?
The overall investment can vary depending on location and size. But the minimum upfront cost is typically around $400,000. A moving and storage franchise business, UNITS currently has open territories in metropolitan areas across the U.S. The initial franchise fee is $55,500. And multiple-unit franchises are also available.
Is the Container Store going out of business?
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.
How can I purchase The Container Store stock?
Does The Container Store offer franchise opportunities?
About this website
Who owns the Container Store?
Leonard Green & PartnersThe Container Store / OwnerLeonard Green & Partners is an American private equity investment firm founded in 1989 and based in Los Angeles. The firm specializes in private equity investments. LGP has invested in over 95 companies since its inception, including Petco and The Container Store. Wikipedia
Is The Container Store publicly traded?
The Container Store Group, Inc. is an American specialty retail chain company that operates The Container Store, which offers storage and organization products, and custom closets....The Container Store.TypePublicTraded asNYSE: TCSIndustryRetailFoundedJuly 1978 Dallas, TexasFounderJohn W. Mullen III, Garrett Boone, and Kip Tindell12 more rows
Is The Container Store profitable?
Net income was $81.7 million, or $1.62 per diluted share, in fiscal 2021 compared to net income of $58.3 million†, or $1.17 per diluted share† in fiscal 2020.
How much is the Container Store worth?
$0.28BContainer Store net worth as of October 14, 2022 is $0.28B.
When did Container Store go public?
November 2013We were founded in 1978 in Dallas, Texas as The Container Store, Inc. In 2007, The Container Store, Inc. was sold to The Container Store Group, Inc. In November 2013, we completed the initial public offering of our common stock (the “IPO”).
Who is the Container Store CEO?
Satish Malhotra (Feb 1, 2021–)The Container Store / CEOSatish Malhotra , Chief Executive Officer & President Prior to that role, Satish served as Chief Operating Officer and was responsible for Technology, Supply Chain, Store Development, Legal, Strategy and Partnerships, including the Sephora inside JCPenney (SiJCP) business which now operates in over 600 stores.
Why did The Container Store fail?
There's no easy solution to the cost issues facing The Container Store, with selling, general, and administrative costs up a steep 10.7% year over year. Salaries and marketing were noted as key problem spots.
How is The Container Store doing financially?
Updates Fiscal 2022 Earnings Outlook Consolidated net sales were $262.6 million, up 7.1%. Net sales in The Container Store retail business (“TCS”) were $246.8 million, up 7.9%.
Is The Container Store overpriced?
21 answers. In Orlando their prices are twice or more as much as other big-box stores (compared to Ikea, Home Depot, Walmart, Big Lots). They are expensive but when they have a sale, it becomes more affordable. They almost always have a promotion going on, but you just have to time it correctly.
Is Container Store a buy?
The Container Store Group has received a consensus rating of Buy.
Who founded the Container Store?
Kip TindellGarrett BooneJohn MullenThe Container Store/Founders
Who founded the Container Store?
Kip TindellGarrett BooneJohn MullenThe Container Store/Founders
Where is Container Store headquarters?
Coppell, TXThe Container Store / HeadquartersCoppell is a city in the northwest corner of Dallas County in the U.S. state of Texas. It is a suburb of Dallas and a bedroom community in the Dallas–Fort Worth metroplex. Its population was 42,983 at the 2020 census. A small area in the far northern portion of the city extends into neighboring Denton County. Wikipedia
What is the container store?
is an American specialty retail chain company that operates The Container Store, which offers storage and organization products, and custom closets. The company has made Fortune ' s list of " 100 Best Companies to Work For " in each of the past 17 years, through 2016.
When did the first Little Rock store open?
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.
Who owns Units Moving and Storage?
UNITS Moving and Portable Storage, established by Michael McAlhany in 2004, is locally owned and operated company and currently has open territories in metropolitan areas across the U.S. Company offers solutions for any kind of space issues and eliminate the typical struggles that accompany moving to a new home or office. Multiple-unit franchises are available.
What is storage authority?
Storage Authority offers a franchise opportunity that focuses on consumer-level self-storage. The company offers 50+ years of self-storage and franchise experience including design, construction, operation, and ownership.
Where is Big Box Storage located?
Big Box Storage is a storage and moving company based in San Diego, California. The company, which provides portable storage containers, started out with just a few company owned locations, but has since welcomed franchisees in other areas.
What is closet box?
ClosetBox is a full service storage business, offering services like pickup, security and delivery. The company has partnerships in states across the U.S. You can contact the company to learn more about current opportunities and integrating the ClosetBox name into your business offerings.
What is Universal Storage Group?
Universal Storage Group also offers a variety of management and consulting services for self storage businesses. The company offers training, development, management and more all aimed at helping storage businesses increase earnings.
What is extra space storage?
Extra Space Storage offers a third party management solution for property owners looking for a trusted name to manage their business. The company provides marketing support, strategic direction, revenue management and more.
How can I purchase The Container Store stock?
To purchase The Container Store common stock, please consult a stockbroker.
Does The Container Store offer franchise opportunities?
Please visit our website for a listing of upcoming store openings. We do not offer any licensing, distributorship, or consulting services in the field of storage and organization. Our trademarks, The Container Store® and Contain Yourself!® are federally registered, incontestable marks in the United States and other countries. Additionally, our unique trade dress is recognized by our customers and throughout the industry as our proprietary property.
