Retail win-win? Marcus Lemonis gets creative with Beyond-Container Store partnership [Seeking Alpha]
Container Store (The) (TCS)
Last container store (the) earnings: 2/4 04:05 pm
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US:NYSE Investor Relations:
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Source: Seeking Alpha
new strategic partnership that has a goal to see The Container store to return to profitable comparable store growth by leveraging Beyond's ( BYON ) intellectual property, customer data, brand network, and affiliate relationships. The deal is contingent on The Container Store ( TCS ) refinancing or amending its borrowing terms. Jefferies analyst Jonathan Matuszewski said the deal will help Container Store ( TCS ) leverage the iconic Bed Bath & Beyond brand and utilize data on more than 30 million customers. He noted that TCS Custom Spaces SKUs will be integrated on the Bed Bath site and in future licensed stores, increasing reach and awareness for the product line. In general, the Container Store ( TCS ) will have access to a broader general merchandise offering, which is seen helping it broaden its customer base. Meanwhile, Beyond ( BYON ) could benefit by adding physical distribution via TCS shop-in-shops without capital expenditure outlays for new store construction, per Matuszew
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TCS
News
- Theatro Ranked One of the Fastest-Growing Companies in North America on the 2024 Deloitte Technology Fast 500™PR Web
- Beyond, Inc. Provides Update to Its Investors Regarding Transaction with The Container Store Group, Inc. [Yahoo! Finance]Yahoo! Finance
- The Container Store Announces Global Licensing Partnership With Vacane Household Commodities Co., Ltd.Business Wire
- The Container Store to Open Miami Worldcenter LocationBusiness Wire
- The Container Store Continues to Bolster Everything Organizer™ Collection With the Everything Organizer™ Drop-Front Shoe BoxBusiness Wire
TCS
Earnings
- 10/29/24 - Miss
TCS
Sec Filings
- 11/21/24 - Form 8-K
- 11/15/24 - Form 8-K
- 10/31/24 - Form SC
- TCS's page on the SEC website