The Container Store to Open Miami Worldcenter Location
The Container Store (NYSE: TCS) announced the opening of its 104th retail location at Miami Worldcenter on November 23, 2024. This will be the company's seventh store in Florida, featuring a small-store format with a Custom Spaces Studio showcasing Elfa and Preston lines. The new location will offer custom closets, living and garage displays, along with complementary design consultations and professional installation services.
The store opening will include festivities such as a ribbon cutting, product demonstrations, and a $500 Custom Space makeover contest. The Miami Worldcenter development is a $6 billion mixed-use destination project spanning 27 acres in Downtown Miami.
The Container Store (NYSE: TCS) ha annunciato l'apertura della sua 104ª sede al Miami Worldcenter il 23 novembre 2024. Questo sarà il settimo punto vendita dell'azienda in Florida, caratterizzato da un formato di negozio compatto con uno Studio Custom Spaces che presenta le linee Elfa e Preston. La nuova sede offrirà armadi su misura, esposizioni per living e garage, insieme a consulenze di design gratuite e servizi di installazione professionale.
L'apertura del negozio prevede festeggiamenti come il taglio del nastro, dimostrazioni di prodotto e un concorso per una trasformazione Custom Space del valore di 500 dollari. Il Miami Worldcenter è un progetto multimodale del valore di 6 miliardi di dollari che si estende su 27 acri nel centro di Miami.
The Container Store (NYSE: TCS) anunció la apertura de su 104ª tienda en Miami Worldcenter el 23 de noviembre de 2024. Esta será la séptima tienda de la compañía en Florida, con un formato de tienda pequeño que cuenta con un estudio de espacios personalizados que exhibe las líneas Elfa y Preston. La nueva ubicación ofrecerá armarios personalizados, exhibiciones para la sala de estar y el garaje, junto con consultas de diseño complementarias y servicios de instalación profesional.
La apertura de la tienda incluirá festividades como un corte de cinta, demostraciones de productos y un concurso para un cambio de imagen Custom Space de $500. El desarrollo de Miami Worldcenter es un proyecto de destino de uso mixto de $6 mil millones que abarca 27 acres en el centro de Miami.
The Container Store (NYSE: TCS)는 2024년 11월 23일 마이애미 월드센터에 104번째 매장을 개점한다고 발표했습니다. 이번 매장은 플로리다주에 있는 회사의 일곱 번째 매장으로, 엘파 및 프레스톤 라인을 선보이는 맞춤형 공간 스튜디오가 있는 소형 매장 형식입니다. 새로운 매장은 맞춤형 클로짓, 거실 및 차고 전시를 제공할 예정이며, 보완적인 디자인 상담 및 전문 설치 서비스도 지원합니다.
매장 개점 행사에는 리본 커팅, 제품 시연, 500달러 상당의 맞춤형 공간 변신 콘테스트와 같은 축제가 포함될 예정입니다. 마이애미 월드센터 개발 프로젝트는 60억 달러 규모의 복합 용도 목적지 프로젝트로, 마이애미 다운타운에 위치한 27에이커의 대지를 차지하고 있습니다.
The Container Store (NYSE: TCS) a annoncé l'ouverture de son 104ème point de vente au Miami Worldcenter le 23 novembre 2024. Ce sera le septième magasin de l'entreprise en Floride, présentant un format de petite surface avec un Studio Custom Spaces mettant en avant les gammes Elfa et Preston. Le nouvel emplacement proposera des placards sur mesure, des vitrines pour le salon et le garage, ainsi que des consultations de design gratuites et des services d'installation professionnels.
L'ouverture du magasin comprendra des festivités telles qu'un coupé de ruban, des démonstrations de produits et un concours de relooking Custom Space de 500 $. Le développement de Miami Worldcenter est un projet de destination à usage mixte d'une valeur de 6 milliards de dollars s'étalant sur 27 acres dans le centre de Miami.
The Container Store (NYSE: TCS) kündigte die Eröffnung seines 104. Einzelhandelsstandorts im Miami Worldcenter am 23. November 2024 an. Dies wird das siebte Geschäft des Unternehmens in Florida sein, das ein kleines Geschäftskonzept mit einem Custom Spaces Studio bietet, in dem die Elfa- und Preston-Produktlinien präsentiert werden. Der neue Standort wird maßgeschneiderte Kleiderschränke, Ausstellungen für Wohnzimmer und Garagen anbieten, zusammen mit ergänzenden Designberatungen und professionellen Installationsdienstleistungen.
Die Eröffnung des Geschäfts wird Festlichkeiten wie einen symbolischen Schnitt des Bandes, Produktdemonstrationen und einen Wettbewerb für ein $500 Custom Space Makeover umfassen. Das Miami Worldcenter-Entwicklungsprojekt ist ein 6 Milliarden Dollar teures gemischt-genutztes Zielprojekt, das sich über 27 Acres im Zentrum von Miami erstreckt.
- Strategic expansion with 104th retail location
- Entry into high-value Miami Worldcenter development
- Addition of new revenue stream in growing Florida market
- None.
Insights
The new Miami Worldcenter store opening represents a strategic but modest expansion for The Container Store. While it's positive to see growth in the Florida market, this 7th Florida location and 104th national store follows the company's small-format strategy, suggesting controlled expansion rather than aggressive growth. The location within the
The store's focus on Custom Spaces Studio and design services aligns with higher-margin business segments, but the impact on overall revenue will be gradual. For a company with TCS's market cap, a single store opening, while positive for local market presence, is unlikely to significantly move the needle on near-term financial performance. The strategic value lies more in the location's potential to serve as a showroom and service center for the growing Miami downtown area.
Leading specialty retailer continues to execute strategic priority of expanding its reach through new stores
The Container Store to Open Miami Worldcenter Location (Photo: Business Wire)
The Miami Worldcenter store is The Container Store’s newest addition 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 has a custom offering for every space, style, timeline and budget. Customers will find a curated assortment of storage and organization solutions for every area of the home that complement its Custom Spaces offering, and discover unique products in categories like travel, pet care and home fragrances. Along with complementary in-store or in-home design consultations, additional services offered will include professional installation and in-home organization.
“The Container Store is excited to expand our reach in the
This weekend the new Miami Worldcenter location will host opening festivities with a ribbon cutting, in-store product demonstrations, the opportunity for customers to enter to win a
"We are thrilled to welcome The Container Store to Miami Worldcenter as part of our continued commitment to enhancing Downtown Miami’s vibrant, mixed-use community,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. "We’re excited to offer this essential lifestyle resource to our growing community and look forward to seeing how it will enhance the lives of those who call Miami Worldcenter home.”
“Community-serving retailers such as The Container Store are an important part of the wide-ranging retail array that we are delivering at Miami Worldcenter,” said Shaul Kuba, Co-Founder and Principal, CIM Group.
About The Container Store
Founded in 1978, The Container Store Group, Inc. (NYSE: TCS) is the nation’s only retailer with a solution-oriented offering of custom spaces, organizing solutions, and in-home services, designed to transform lives through the power of organization. With more than 100 locations nationwide and a flagship online store, the retailer offers an exclusive portfolio of custom space lines that can be designed for any area of the home, and more than 10,000 products to complete any space.
Visit www.containerstore.com for more information about complementary Custom Spaces in-home or in-store design, in-home organizing, products, store locations, trade program, and business to business opportunities.
Follow The Container Store on Facebook, X, Instagram, TikTok, YouTube, Pinterest and LinkedIn.
About Miami Worldcenter
Miami Worldcenter is a new
Miami Worldcenter Associates serves as the master developer for the overall mixed-use development, led by Managing Partners Art Falcone and Nitin Motwani, in partnership with CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer. Together they have assembled a best-in-class development team that is currently transforming the urban core of
View source version on businesswire.com: https://www.businesswire.com/news/home/20241118540067/en/
Investors:
ICR, Inc.
Farah Soi/Caitlin Churchill
203-682-8200
Farah.Soi@icrinc.com
Caitlin.Churchill@icrinc.com
or
Media:
The Container Store Group, Inc.
publicrelations@containerstore.com
Miami Worldcenter:
mwc@schwartz-media.com
Source: The Container Store
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