Container Store Completes IPO
November 7, 2013,
DALLAS-The Container Store Group said its initial public offering has been finished.
The offering was for 14,375,000 shares at $18 per share. Container Store's stock began trading on the New York Stock Exchange on Nov. 1, under the symbol TCS.
In connection with the IPO, the retailer has added four directors to its board. They are Robert E. Jordan, executive vice president and chief commercial officer of Southwest Airlines and president of AirTran Airways; Danny Meyer, CEO of Union Square Hospitality Group; Walter Robb, co-CEO of Whole Foods Markets; and Rajendra Sisodia, F.W. Olin distinguished professor of global business at Babson College.