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The Container Store is filing Chapter 11 bankruptcy, but Elfa, Custom Spaces, Avera and Preston installations and TCS credit cards are still working.
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The Container Store was founded in Dallas by Garrett Boone and John Mullen. With the backing of their families, they inaugurated the first The Container Store on July 1, 1978. The store introduced a new retailing category: home storage and organization. [2] [3] Kip Tindell and his wife joined the founding team the next year.
For the quarter ended Sept. 28, 2024, The Container Store listed total liabilities of $836.4 million against $969 million in total assets. Photo of a The Container Store location (Courtesy: The ...
Elfa is a storage solution [buzzword] company that is headquartered in Malmö, Sweden. The company was founded in 1948 by the Swedish engineer Arne Lydmar. The Elfa corporate group consists of three manufacturing entities and seven sales companies in Europe. The group employs about 501 people and the turnover is approximately SEK 1 203 M (FY2019).
Storables was founded in 1981 by owner Dodd Fischer, who had an interest in the housewares/lifestyle store concept. At the time, the storage goods business was beginning to emerge as a specialty niche in the housewares business, with plastic storage containers and organizers beginning to appear in department stores. [ 2 ]
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