storage

Retail
Robb Steps Down From The Container Store Board

The Container Store said that Walter Robb will step down from the company’s board of directors, effective December 31, 2020, in order to focus on other business endeavors.

Financials
The Container Store Sales Decline In Q1

The coronavirus pandemic and associated temporary store shutdowns impacted The Container Store’s first quarter, as the storage and organization retailer reported a sales decline. The company also named a new chief financial officer.

Gadget & Kitchen Tools
Rubbermaid Launches National Recycling Program

Rubbermaid has partnered with international recycling provider, TerraCycle, to make all brands of well-used food storage containers recyclable in the U.S. and Canada. Through this new partnership, Rubbermaid said it will help ensure all glass and plastic food storage containers will have a sustainable end to their lifecycle.

Home Décor
Keter Adapts Production To Manufacture Face Shields

Keter North America, a global manufacturer of outdoor furniture and a range of leisure and storage products, has recently begun production of high-quality, reusable face shields at its plants in Anderson, Indiana, and Milton, Ontario, Canada. Both facilities have the capacity to produce about 50,000 face shields a week.

Financials
The Container Store Sales Decline In Q4

The Container Store saw its preliminary sales decline in the fourth quarter ended March 28, with the pandemic impacting the retailer’s performance. The company noted that one bright spot, however, was the increase in online customer orders.

Retail
The Container Store Sets Stricter Shopping Limits

The Container Store is closing all remaining stores that were not already shuttered in accordance with state and local orders, and shifting to click and pick up/contactless curbside delivery and scheduled in store appointments, only allowing one customer in the store at a time, in select locations, where it is legally permitted and store employees wish to work.

Retail
Tupperware Appoints Fernandez CEO

Tupperware’s board of directors has appointed Miguel Fernandez as president and CEO, effective April 6, 2020. The board also has appointed Richard Goudis as executive vice chairman, effective March 12.

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