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Kip Tindell
Chairman and CEO, The Container Store
Kip Tindell has been at the helm of The Container Store since it first opened its doors in Dallas in 1978 - creating the first ever store devoted solely to storage and organization products. As the company celebrates more than 30 years with stores nationwide and a thriving Web site, Tindell continues his commitment to being a trailblazing retailer. But for Tindell, the goal never has been growth for growth's sake. Rather, it's to adhere to a fundamental set of corporate values, centered around intense employee commitment, strict merchandising, and superior customer service. Success has been the natural and inevitable result. Tindell continues to embody the unique corporate culture he created, and has nurtured a fierce employee loyalty that has landed the company on FORTUNE magazine's list of "100 Best Companies to Work For" 12 years in a row.
"Fill the other guy's basket to the brim, then making money becomes an easy proposition."
Resources from Kip Tindell
CBS News
Media
The New York Times
Three Good Hires? He'll Pay More for One Who's Great
Kip Tindell, chief executive of the Container Store, says that by hiring the best workers and paying well above industry average, it vastly improves productivity.
CNN Money
Container Store CEO cuts the clutter
When Kip Tindell and his partners set out in 1978 to open a store that would sell storage and organizational products, they had a hard time persuading industrial manufacturers to sell them supplies like egg baskets and tool bags for consumer use in the home.
Nearly 30 years later the 39-store chain offers over 10,000 products designed to hold everything from prescription pills to wrapping paper. Tindell's team has also managed to parlay an initial $35,000 investment into a $500-million-a-year clutter-fighting company that has produced 15 to 20 percent annual sales growth since its founding.
Smart Business
Outside the box
Kip Tindell, co-chairman, CEO and one of the founders of The Container Store Inc., wanted to build a strong team of great people that could help grow his store of home and office organization products into a national chain of stores dedicated to helping consumers organize their lives.
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Conscious Capitalists are enthusiastic advocates for free markets, entrepreneurship, competition and voluntary trade. They recognize that capitalism thrives in environments that foster property rights, freedom to contract, and the rule of law. And, they are aware that trust, compassion, collaboration, and value-creation are essential elements of healthy, functioning economies.
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