82. What the Container Store Did Wrong! (Also on YouTube!)

Send us Fan MailNote: After recording this episode, I read an article from the U.S. Sun, dated January 30, 2025, talking about how The Container Store pulled out of bankruptcy in an effort to go private and restructure. They were in debt TWO HUNDRED AND FORTY MILLION DOLLARS. Apparently, they've received $40 million to figure things out. The article stated that "financial experts" blamed their struggle on high mortgage rates - that "when people move, they buy a heck of a lot of storage and organization stuff" and that's why sales had gone down. All I have to say, other than the fact that I hope that they use part of it to fix the freakin' escalator (once and for all) at the Nashville Green Hills location, is that the "people aren't moving" excuse is total crap. In fact, when people are stuck where they are, they tend to spend MORE on storage, organization, remodeling - anything - to make their current space work.Now, with that said, please enjoy this episode that I FIRST recorded last SUMMER - TWICE - but due to technical issues, neither saw the light of day. "What the Container Store Did Wrong" was the title of this BEFORE I even saw the article of them making excuses. You wanna know why they struggled? I lay it all out here. Let me know what you think! Do you agree with everything - or just anything - I say in this clip? Make sure to head to our new YouTube page and leave a comment! Then like, subscribe and share! Intro and Outro Music By:Music from #Uppbeathttps://uppbeat.io/t/soundroll/feeling-homeLicense code: V1ZKWEQ41QGM1HATSupport the show