This article needs additional citations for verification. (May 2016) |
Company type | Public |
---|---|
NYSE: TCS | |
Industry | Retail |
Founded | July 1978Dallas, Texas, U.S. | in
Founders |
|
Headquarters | Coppell, Texas, U.S. |
Number of locations | 102 (2024)[1] |
Key people | Satish Malhotra (CEO) |
Revenue | US$848 million (2023)[1] |
US$−105 million (2023)[1] | |
US$−103 million (2023)[1] | |
Total assets | US$936 million (2023)[1] |
Total equity | US$160 million (2023)[1] |
Owner | Leonard Green & Partners |
Number of employees | 4,300 (2024)[1] |
Website | containerstore |
The Container Store Group, Inc. is an American specialty retail chain 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.[2][3][4]