The Container Store hit the highest full-year sales in its history, with consolidated net sales of $1.1 billion for fiscal 2021.
The Container Store says the acquisition of Closet Works will enable it to expand its capabilities and meet the growing consumer demand for premium wood-based spaces, including custom closet and garage systems.
Titled “Disappearing Storage Cabinet,” this project designed by Sue Trainor, Closet Works, features a modern design style and seamless functional storage options.
A key feature of this design is the combination of the laundry and mudroom providing organization in a high-traffic area of the home.
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Closet systems wholesaler Plus Closets invested nearly $2.5 million in new machinery.