Kip Tindell Elected Chairman of National Retail Federation Board of Directors

The Container Store TCS, the nation's leading retailer of storage and organization products, today announces that its Chairman and Chief Executive Officer, Kip Tindell, has been elected Chairman of the National Retail Federation (NRF) Board of Directors and Chairman of its Executive Committee. Tindell was elected at the Board of Directors meeting held Sunday in New York during NRF's 104^th Annual Convention and EXPO, Retail's BIG Show. A long-time partner and supporter of NRF, Tindell has held past positions on the NRF Board, including most recently as First Vice Chairman of the Board, Chairman of the Finance Committee and Treasurer from 2012-2014.

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The Container Store TCS today announces that its Chairman and Chief Executive Officer, Kip Tindell, has been elected Chairman of the National Retail Federation (NRF) Board of Directors and Chairman of its Executive Committee. (Photo: Business Wire)

NRF is the world's largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. The organization's mission is to advance the interests of the retail industry through advocacy, communication and education.

“I can't fathom spending my career doing anything but retail,” said Tindell. “I believe with my heart and soul it's the world's greatest profession and I cannot tell you how thrilled and honored I am to have this opportunity to give back to this industry that has brought so much joy and fulfillment to my life.”

“NRF, its staff and the industry at large will benefit greatly from Kip's dedication, professionalism and leadership over the next two years as we already have for the time he's been a part of NRF's Board of Directors,” NRF President and CEO Matthew Shay said. “We are honored to welcome our new chairman and our newly – and re-elected board members as we continue to work with Capitol Hill on policies that directly impact one of the biggest industries in the world, while simultaneously learning more about the constantly-changing retail landscape.”

Tindell will serve a two-year term alongside Mindy Grossman, CEO of HSNi, who was elected Vice Chairman of the Board. The two will join Matthew Shay to comprise the NRF's leadership team.

“Since we founded The Container Store nearly 37 years ago, we've worked to build a business where everyone associated with it thrives – all of our stakeholders – our employees, customers, vendors, the community and our shareholders,” said Tindell. “But I believe this shouldn't just be The Container Store's story. In one of my capacities as the incoming Chairman of the NRF, I want to make this a retail story – a story of what's possible when we put people first, when we focus on culture and values. I look forward to elevating what makes us great as an industry and in turn, making businesses better, our communities better and our country a better place to live and to work. What's good for retail is good for everyone.”

To learn more about how the NRF is helping shape retail's future, visit www.nrf.com.

About The Container Store

The Container Store TCS is the nation's leading retailer of storage and organization products and the only retailer solely devoted to the storage and organization category of retailing. The company originated the concept of storage and organization retailing when it opened its first store in 1978. Today, the retailer has 69 store locations nationwide that each average 25,000 square feet. The Container Store has over 10,000 products to help customers save space and, ultimately, save them time. As the pace of modern life accelerates and being organized is not a luxury anymore but a necessity, The Container Store is devoted to making customers more productive, relaxed and happier by selling customized, complete solutions. Since its inception, the retailer has nurtured an employee-first culture and couples its one-of-a-kind product collection with a high level of customer service delivered by its highly trained organization experts. The company has been named to FORTUNE magazine's 100 Best Companies To Work For® – 15 years in a row. Visit www.containerstore.com for more information about store locations, the product collection and services offered. To find out more about The Container Store's unique culture, Foundation Principles and devotion to Conscious Capitalism, visit the retailer's blog at www.whatwestandfor.com or read Chairman & CEO Kip Tindell's new book UNCONTAINABLE: How Passion, Commitment, and Conscious Capitalism Built a Business Where Everyone Thrives (available at The Container Store, www.uncontainable.com and anywhere books are sold).

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