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. In February 2007, its owners announced that they were "exploring alternatives," including selling The Container Store to private investors, in order to fund future growth. They stated that they would not sell unless they received guarantees that the corporate culture would be preserved. On July 2, 2007, The Container Store announced that they had closed a deal with a private equity firm based in Los Angeles, Leonard Green & Partners, which obtained a majority stake.
| Company type | Public |
|---|---|
| NYSE: TCS | |
| Industry | Retail |
| Founded | July 1978 Dallas, Texas |
| Founder | John W. Mullen III, Garrett Boone, and Kip Tindell |
| Headquarters | Coppell, Texas |
Number of locations | 98 (FY2023) |
Key people | Satish Malhotra, (CEO) |
| Revenue | US$895.09 million (FY2019) |
| US$51.26 million (FY2019) | |
| US$21.68 million (FY2019) | |
| Total assets | US$749.4 million (FY2019) |
| Total equity | US$248.7 million (FY2019) |
| Owner | Leonard Green & Partners |
Number of employees | 5,110 (Jan. 2020) |
| Website | www.containerstore.com |
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