The Container Store adds to Virginia store count
The Container Store is expanding its footprint in the Southeast.
The organizing solutions and custom spaces retailer is opening two stores in Virginia this summer. One location will open on June 15, at the Springfield Plaza in Springfield, while the other will open on July 27 at One Loudoun in Ashburn. Both stores are located in the Washington D.C. metro area.
The Springfield and Ashburn stores are The Container Store’s newest additions to the company’s small-store format and will feature a Custom Spaces Studio showcasing custom closets, living and garage displays of its exclusive Elfa and Preston lines, as well as a design center. From wall-hanging metal DIY to floor-based professionally installed wood-based systems, The Container Store aims to offer shoppers a custom offering for every space, style, timeline and budget. Along with complementary in-store or in-home design consultations, additional services offered will include professional installation and in-home organization.
The two new stores will bring The Container Store’s retail presence to six storefronts within Virginia state and 104 nationwide.
“The Container Store is excited to expand our reach in the D.C. area with two new locations in Virginia, furthering our purpose to transform lives through the power of organization,” said Jennifer Pape, senior VP of stores at The Container Store. “Our differentiated offering of custom spaces, complementary organizing solutions and in-home services is a retail experience customers can’t find anywhere else, and we are pleased to bring this offering closer to customers in Springfield and Ashburn who have shopped at our surrounding locations. We look forward to welcoming Virginians this weekend to the new Springfield location, and in July when we open in Ashburn.”
The expansion follows the retailer receiving a delisting notice from the New York Stock Exchange last month for not being in compliance with average closing price rules, as the company’s common stock was under $1.00 for a consecutive 30-day trading period. The Container Store said it intended to regain compliance within the allotted six-month period and would consider a reverse stock split.