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...
by Mike Duff | Apr 26, 2023 | Retail Articles
With a more comprehensive product assortment planned, The Container Store Group has announced an enhanced college offering designed to serve customers looking for a centralized, convenient student shopping experience. The initiative also includes accepting another...
by Mike Duff | Feb 8, 2023 | Organization & Cleaning, Retail Articles
As it moves forward with its small-store initiative, the Container Store expressed satisfaction with the third quarter despite lower sales and earnings. Consolidated net income was $4.2 million, or eight cents per diluted share, versus $13.7 million, or 27 cents per...
by Mike Duff | Nov 11, 2022 | Retail Articles
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...
