Storables

Storables
Private
Industry Retail
Founded Portland, Oregon (1981)
Headquarters http://www.storables.com/store_locations
Revenue Increase
Owner Dodd Fischer
Website http://www.storables.com/

Storables is a specialty retail chain that carries a variety of products aimed at helping consumers organize their homes and work spaces in the West Coast of the United States. Its products are categorized into departments including Audio, Baskets, Bath, Closets, Furniture, Kids, Kitchen, Laundry, Novelty, Office, and Utility. The company's motto is "Make Room for Living."[1]

Storables was founded in 1981 by owner Dodd Fischer, who had an interest in the housewares/lifestyle store concept. At the time, the storage goods business was beginning to emerge as a specialty niche in the housewares business, with plastic storage containers and organizers beginning to appear in department stores.[2] The first Storables shop was located in Beaverton, Oregon, outside of Portland, and by 1985 the company had rapidly grown to five locations in California, Oregon, and Washington State. The stores were comparatively small at that time, averaging about 1,000 square feet.[2]

By 1992, the product range had grown to feature additional options, materials, and colors, which required a larger store format.[2] In 2005, Storables expanded into both Scottsdale, Arizona, and Edina, Minnesota, after a competitor, Organized Living, went bankrupt, making the two locations available.[3] The economic downturn eventually led to the closing of both stores, with the Arizona outlet closing in 2009 and Minnesota in 2011.[4][5]

Currently, Storables operates in four locations, including two in Seattle, Washington, and two in Portland, Oregon.[6] It also has a significant presence online, offering its products through its web store, and has ventured into various business-to-business relationships.[7]

See also

References

  1. "Home page". Storables.com. Retrieved November 28, 2012.
  2. 1 2 3 "About". Storables.com. Retrieved November 28, 2012.
  3. "New retailer takes over Scottsdale, Ariz., site.". The Tribune. Mesa, AZ. June 24, 2005. Retrieved Oct 28, 2009.
  4. Culverwell, Wendy (July 3, 2009). "Landlord: Reject Storables bankruptcy". Portland Business Journal. Retrieved Oct 28, 2009.
  5. "Whole Foods to Open Edina Store". “Minneapolis/St. Paul business Journal”. August 6, 2010. Retrieved Nov 28, 2012.
  6. "Store Locations". Storables.com. Retrieved November 28, 2012.
  7. "Business Sales". Storables.com. Retrieved November 28, 2012.
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