STORES Magazine - April 2015 - (Page 17)

n RETAIL PEOPLE STORAGE DOMINATION by SUSAN REDA, EDITOR K ip Tindell, chairman and CEO of The Container Store, still remembers his father's reaction when he heard his and co-founder Garrett Boone's plan to open a store that sold empty boxes. "Suffice to say, it was disconcerting," Tindell says. It didn't take long, though, before he turned his dad - and a nation of storage-starved and organizationally obsessive consumers - into ardent enthusiasts. KIP TINDELL Today The Container Store has 70 locations, each averaging 25,000 square feet and stocking more than 10,000 products. Since taking the company public in October 2013, the retailer has been adding stores at an accelerated clip, with 10 planned for this year. Sales are expected to top $750 million when the final tally for 2014 is posted. Tindell, an advocate of "Conscious Capitalism," is known for investing some 250 hours of training in a full-time employee's first year - convinced that one great person equals NRF.COM/STORES three good people. His passion Chairman and CEO for mentoring and commitment The Container Store to building a business where Dallas everyone associated with it prospers - employees, customers, vendors, the community and shareholders - is legendary. Last year, Tindell authored Uncontainable: How Passion, Commitment and Conscious Capitalism Built a Business Where Everyone Thrives. The tome provides a look inside the "big box" Tindell created in 1978 and the unique culture he has fostered. Last month, STORES April 2015 17 http://www.NRF.COM/STORES

Table of Contents for the Digital Edition of STORES Magazine - April 2015

A Most Complex Game
It's All Connected
Retail People
Selling Satisfaction
Editor's Page
President's Page
Retail Politics
NRF News
NRF Communities Update
End Cap
Business Operations
Online Fraud

STORES Magazine - April 2015