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Website: http://www.containerstore.com Career Site The company has 38 stores in 17 major markets nationwide. It is currently privately held. The company was named one of The Best Companies to Work For in 2006 by Fortune magazine. History In 1978, Kip Tindell (CEO and President), Garrett Boone (Chairman), and Architect John Mullen opened a retail store offering a wide range of products devoted to helping people simplify their lives. In doing so, they founded a new category of stores for storage and organization. Initial cash to open the store was provided by Garrett, his father, and John Mullen, who were founding directors, officers and shareholders of the Company. With a clear vision of the retail store they wanted to create and a first year start-up investment of only $35,000, the first challenge was to find products to sell. In 1978, most of the products The Container Store sold came from commercial or industrial manufacturers, and had never been sold in a retail environment. Kip and Garrett often had to persuade commercial manufacturers to supply them with retail merchandise. Mason's tool bags as overnight bags, egg baskets as carryalls and wire leaf burners as toy barrels were just a few of the original products that debuted in the 1,600 square foot store. The store outgrew its space within a year, and by 1980 had expanded twice. Eventually, the company's first store would have to move across the street to find room for an ever-increasing inventory. Benefits Every first-year, full-time salesperson receives more than 241 hours of training - the retail industry average is about seven hours. - Wages above the industry average Updated November 29, 2007 |