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...
by Mike Duff | Jan 2, 2024 | Retail Articles
The Container Store Group promoted Lindy Rawlinson to chief digital officer and vice president of stores and Jennifer Pape to senior vice president of stores. Rawlinson previously was executive vice president of e-commerce and digital marketing. In her new position,...
by Mike Duff | Dec 18, 2023 | Home Storage & Organization, Organization & Cleaning, Retail Articles
The Container Store has opened its 100th location, in Princeton, NJ, as the company pursues a strategic priority of expanding its reach to new markets and customers. The new location is the company’s sixth small-format store to open and one of five set to debut in its...
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,...
