Organization retailer, The Container Store Group launched Employee First Fund – an employee assistance fund that will provide grants to employees in need.
Elfa closet and storage products offer The Container Store a bright spot after it posted a 3rd quarter loss of $9.5 million, causing a drop in stock price.
The Container Store Group, Inc. announced today the pricing of its initial public offering of 12,500,000 shares of its common stock at a price to the public of $18.00 per share.
Closets and home organization retailer The Container Store Group made its initial public offering Nov. 1. Priced at $18 a share, the stock raised $225 million and more than doubled in value by the close of trading Friday.
Organization retailer The Container Store was rated one of four bottom performers in a study for consumers shopping for closet systems online. The other three low performers were IKEA, Sears and Target.