Container Store

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Headquarters: 500 Freeport Parkway Coppell, TX 75019 Employees: 6,000 CEO: Kip Tindell Stock Symbol: TCS Website: http://www.containerstore.com Career Site The Container Store is the nation's leading specialty retail chain specializing in boxes, bins, drawers and shelves to help keep your home or office organized. The stores average 25,000 square feet and showcase more than 10,000 innovative products to help customers save space and, ultimately, save them time. The store layout is divided into lifestyle sections marked with brightly colored banners such as Closet, Kitchen, Office and Laundry. The company has 67 stores nationwide. It went public on November 1, 2013 at $18 per share. The Container Store also owns Elfa, a Sweden-based manufacturer and marketer of interior storage systems and sliding doors. Elfa is the company's best selling product. The company's Home Office and Distribution Center are located in a one million sq. ft. building in Coppell, TX. Container Store has been named one of the 100 Best Companies to Work for in America for 15 consecutive years. The average salesperson at Container Store can earn $50,000 per year. For fiscal 2013, the company reported sales of $748.5 million, up 5.9% from the previous year. Net income was $8.16 million for the year. The company is opening eight new stores this year. 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 - Generous 40-percent merchandise discount - Full-time, part-time and flexible positions - A special 50% discount on elfa - our best selling product - Extensive training programs, customized to the individual and job function - Individual and team-based incentive programs - Health and dental benefits and vacation for full-time and part-time employees - 401(k) savings plan, with dollar-for-dollar matching company contributions - Flexible benefit spending accounts for medical and dependent care expenses - Casual work attire Updated October 20, 2014