A few years ago, Kip Tindell found himself at a crossroads. Tindell is CEO of The Container Store, the retail company he co-founded in Dallas in 1978. He's worked with his wife, Sharon, the entire time, and many other executives have been there for decades, too. Tindell's ambitions grew over time. He realized The Container Store, which had been operating in big metropolitan areas, could expand into smaller cities. He also wanted to offer more employees stock in the company. But he was conflicted. "There are only a few things you can do to finance that," he says.
Ever since Container Store Group CEO Kip Tindell said retail is in a "funk," investors have been trying to get a fresh read on the consumer. Back-to-school shopping and holiday preparations are already looming large as the all-too-important second half of the year approaches. Funk or not, retailers can't afford to
-- /PRNewswire/ -- The Container Store, the nation's originator and leading retailer of storage and organization products, today announced it will open three Florida locations in 2013. The new stores will be located in Orlando, Tampa and Boca Raton, Florida. The retailer currently has two Florida stores in Hallandale Beach and Miami. The new stores will generate more than 180 jobs. For each new location, The Container Store will partner with a local nonprofit that will receive 10 percent of its grand opening weekend sales as part of the retailer's commitment to give back to its local communities.