Kids desks are selling out. Where to find alternatives. [Los Angeles Times (CA)]
Container Store (The) (TCS)
Last container store (the) earnings: 2/4 04:05 pm
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Source: Los Angeles Times
First came the rush on toilet paper, then hand sanitizer, flour and even bicycles. Now, as we cycle through the seasons of the COVID-19 pandemic, the latest race at retail is snapping up workstation furniture and organizational products for students learning remotely from home. Many of the go-to retail resources are out of stock in the desk department or facing weeks and sometimes months-long wait times for delivery. The Container Store reports that its popular three-tier rolling carts and Elfa stand-alone desks sell out almost as quickly as they are restocked. Ikea is waiting to replenish desks nationwide and apologizes on its site for delays associated with COVID-19. Online retailer Wayfair reports sales of student desks (one of the site’s top sellers since March), small tables, chairs, and organizational furniture are up 120% compared with the same summer period last year. Fernish , a Los Angeles-based resource for contemporary rental furniture, reports a 325% spike in desk rental
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News
- How To Organize Your Kitchen Pantry, According To The Pros [Forbes]Forbes
- A little too obsessed with Taylor Swift? It might be a coping mechanism [Los Angeles Times (CA)]Los Angeles Times
- I'm a Frugal Shopper: 4 Items I Always Buy Secondhand To Save Money [Yahoo! Finance]Yahoo! Finance
- The 15 Best Desk Organizers To Transform Your Workspace [Forbes]Forbes
- Returns On Capital Signal Tricky Times Ahead For Container Store Group (NYSE:TCS) [Yahoo! Finance]Yahoo! Finance
TCS
Earnings
- 2/6/24 - Beat
TCS
Sec Filings
- 3/29/24 - Form 4/A
- 3/29/24 - Form 4/A
- 3/29/24 - Form 4/A
- TCS's page on the SEC website