THE CONTAINER STORE GROUP, INC. The Container Store Group, Inc. has opened its 100th store location in Princeton, NJ, further advancing the Company's strategy to Expand its Reach as part of its Path to $2 Billion in revenue. The 100th store is the sixth small-format store the Company has opened to date and one of five anticipated to open in its fiscal 2023 ending March 30, 2024. A primary objective of its small-format stores is high productivity with a full Custom Spaces Studio featuring its Preston, Avera and Elfa lines, curated assortment of complementary general merchandise, and in-home services, at an average of 12,500 selling square feet.
Many of the locations are also built-to-suit, making them an appealing financial proposition. The Company's next store opening is slated for Spring 2024 in Gaithersburg, Maryland.
