Beyond To Invest $40M In The Container Store

Retail
Written By Rick Watson

The Container Store is the nation's only retailer with a solution-oriented offering of custom spaces, organizing solutions, and in-home services.

Beyond has announced a strategic partnership with The Container Store in which they will invest $40M as part of a preferred equity transaction. Beyond will also integrate The Container Store's Custom Spaces, Elfa, and Preston brands into its e-commerce offerings and future Bed Bath & Beyond stores. Can we all agree that Beyond is now a licensing operation that is looking for retail partners?

Retail Dive: Beyond to invest $40M in The Container Store

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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