The Container Store Continues to Bolster Everything Organizer™ Collection With the Everything Organizer™ Drop-Front Shoe Box

COPPELL, Texas--(BUSINESS WIRE)--Nov 12, 2024--

The Container Store (NYSE: TCS), the nation’s leading retailer of organizing solutions, custom spaces, and in-home services, has expanded its Everything Organizer™ offering with the launch of the Everything Organizer™ Drop-Front Shoe Box. This upgrade of the customer-favorite Drop-Front Shoe Box offers crystal clear, 360-degree views for those looking to showcase their shoe collection in an elevated, sleek manner.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112986390/en/

“Our Drop-Front Shoe Boxes have been a long-time customer favorite; and we feel that with this elevated version from our Everything Organizer™ collection, we have cornered the market in shoe storage and organization,” said Satish Malhotra, CEO and President of The Container Store. “We expect the Everything Organizer™ Drop-Front Shoe Box to resonate well with customers who are looking to enhance their display or start showcasing their prized shoe collection.”

The Everything Organizer™ Drop-Front Shoe Box is made of PET plastic, creating a lightweight, shatter resistant, and sturdier option for customers. Ideal for closets, new features include a magnetic close, four corner feet for stable stacking, a tuckaway door for easy access, and a 360-degree view. The large size, measuring 10 7/8 x 14 3/8 x 9 1/8 fits a men’s size 17 shoe. As featured at Sneaker Con with great feedback, customers can now showcase their shoe collection with an unobstructed view.

Offered in two sizes and priced from $14.99 to $19.99, the Everything Organizer™ Drop-Front Shoe Box will be available in December in all store locations of The Container Store and on containerstore.com. The product can be purchased individually or in a pack of four.

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.

Additional imagery of the product can be seen here: https://bit.ly/4emBKBx (Photo: Business Wire)

TEHRAN, Iran (AP) — Iranian traders and shopkeepers staged a second day of protests Monday after the country’s currency plummeted to a new record low against the U.S. dollar.

Videos on social media showed hundreds taking part in rallies in Saadi Street in downtown Tehran as well as in the Shush neighborhood near Tehran's main Grand Bazaar, which played a crucial role in the 1979 Islamic Revolution that ousted the monarchy and brought Islamists to power.

Witnesses told The Associated Press that traders shut their shops and asked others to do the same. The semiofficial ILNA news agency said many businesses and merchants stopped trading even though some kept their shops open.

There was no reports of police raids though security was tight at the protests, according to witnesses.

On Sunday, protest gatherings were limited to two major mobile market in downtown Tehran, where the demonstrators chanted anti-government slogans.

Iran's rial on Sunday plunged to 1.42 million to the dollar. On Monday, it traded at 1.38 million rials to the dollar.

The rapid depreciation is compounding inflationary pressure, pushing up prices of food and other daily necessities and further straining household budgets, a trend that could worsen by a gasoline price change introduced in recent days.

According to the state statistics center, inflation rate in December rose to 42.2% from the same period last year, and is 1.8% higher than in November. Foodstuff prices rose 72% and health and medical items were up 50% from December last year, according to the statistics center. Many critics see the rate a sign of an approaching hyperinflation.

Reports in official Iranian media said that the government plans to increase taxes in the Iranian new year that begins March 21 have caused more concern.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight controls on Iran’s nuclear program. That deal unraveled after U.S. President Donald Trump unilaterally withdrew the United States from it in 2018. There is also uncertainty over the risk of renewed conflict following June’s 12-day war involving Iran and Israel. Many Iranians also fear the possibility of a broader confrontation that could draw in the United States, adding to market anxiety.

In September, the United Nations reimposed nuclear-related sanctions on Iran through what diplomats described as the “snapback” mechanism. Those measures once again froze Iranian assets abroad, halted arms transactions with Tehran and imposed penalties tied to Iran’s ballistic missile program.

FILE — A currency exchange bureau worker counts U.S. dollars at Ferdowsi square, Tehran's go-to venue for foreign currency exchange, in downtown Tehran, Iran, April 5, 2025. (AP Photo/Vahid Salemi, File)