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Stock impact report

The Container Store Group, Inc. and Beyond, Inc. Announce Strategic Partnership Leveraging Both the Iconic Bed Bath & Beyond Brand and The Container Store [Yahoo! Finance]

Container Store (The) (TCS) 
Last container store (the) earnings: 2/4 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.containerstore.com
Company Research Source: Yahoo! Finance
The companies intend for the partnership to position The Container Store to return to profitable comparable store growth over time by utilizing and benefitting from Beyond's intellectual property, customer data, network of brands, and affiliate relationships. The companies expect key aspects of the partnership to include: Benefitting from The Container Store's world class real estate locations and utilizing the Bed Bath & Beyond brand to launch appropriately sized spaces that showcase the iconic Bed Bath & Beyond assortment for kitchen, bath and bedroom, which will be co-branded. Through this collaboration, the companies expect to drive increased traffic for The Container Store's core assortment and its high-margin, solution-driven Custom Spaces services business; Beyond will offer a global loyalty program, multiple payment solutions and ancillary insurance and protection products through The Container Store brick-and-mortar locations and website to capitalize on the whitespace Show less Read more
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