Container Store to open six stores in 2012
Dallas -- The Container Store announced it will open six locations in 2012, making this the largest real estate growth year in the company's history and bringing the company's store count to 59 by year's end.
The new stores will be located in Arlington, Texas; Las Vegas; El Segundo, Calif., Peabody, Mass., and Westbury, N.Y., with a sixth location still being finalized.
"As we round out our fiscal year that's shaping up to be our most profitable in company history, we're thrilled to have six glorious new store locations planned for 2012 that will help sustain the incredible growth our brand and company is experiencing," said Kip Tindell, chairman and CEO, The Container Store. "We've emerged from the recession as an even stronger company and our employees, customers and vendors are extremely proud of the way we conducted ourselves during that trying time not having resorted to layoffs or closing stores.”
In addition to store expansion, some of The Container Store's other strategic initiatives for 2012 include a Dallas-area test of its new ATHome program, which will bring the retailer's 34 years of organization expertise and product knowledge into its customers homes.