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'''Organized Living''', formerly known as '''Schulte Corp.''',<ref>{{cite web|title=What's in a name? For this brand, everything.|url=https://pqasb.pqarchiver.com/enquirer/doc/1288750312.html?FMT=ABS&FMTS=ABS:FT&date=Feb+17%2C+2013&author=Prevish%2C+Val&pub=Cincinnati+Enquirer&edition=&startpage=&desc=What%27s+in+a+name%3F+For+this+brand%2C+everything|work=Cincinnati Enquirer|accessdate=27 March 2014}}</ref> is a company that manufactures storage and organization products for the home, sold through independent dealers in the United States and Canada.<ref>{{cite web|title=About Us|url= http://organizedliving.com/about/about-us|website=OrganizedLiving.com |accessdate=27 March 2014}}</ref> Prior to 2007, Organized Living was a [[Retailing#Shops and stores|specialty retail chain]] in the [[United States]] that sold storage solutions for home and office.
'''Organized Living''', formerly known as '''Schulte Corp.''',<ref>{{cite web|title=What's in a name? For this brand, everything.|url=https://pqasb.pqarchiver.com/enquirer/doc/1288750312.html?FMT=ABS&FMTS=ABS:FT&date=Feb+17%2C+2013&author=Prevish%2C+Val&pub=Cincinnati+Enquirer&edition=&startpage=&desc=What%27s+in+a+name%3F+For+this+brand%2C+everything|work=Cincinnati Enquirer|accessdate=27 March 2014}}</ref> is a company that manufactures storage and organization products for the home, sold through independent dealers in the United States and Canada.<ref>{{cite web|title=About Us|url= http://organizedliving.com/about/about-us|website=OrganizedLiving.com |accessdate=27 March 2014}}</ref> Prior to 2007, Organized Living was a [[Retailing#Shops and stores|specialty retail chain]] in the [[United States]] that sold storage solutions for home and office.


In 1985, Mark Ferrel founded the company as '''Containers Unlimited''', in [[Kansas]],<ref name="CBF-10-26-05">{{cite news | url= http://columbus.bizjournals.com/columbus/stories/2005/06/20/daily37.html | title=Organized Living liquidating stores | publisher=''[[Columbus Business First]]'' | date=June 24, 2005 | accessdate=Oct 26, 2009 | first=Tony | last=Goins}}</ref><ref name="CBF-7-1-05">{{cite news | url= http://columbus.bizjournals.com/columbus/stories/2005/07/04/tidbits1.html | title='Sad deal' as Organized Living fails | publisher=''[[Columbus Business First]]'' | date=July 1, 2005 | accessdate=Oct 26, 2009 | first=Doug | last=Buchanan}}</ref> with its first location in [[Overland Park, Kansas|Overland Park]].<ref name="HFN1996">{{cite news | url= http://www.highbeam.com/doc/1G1-18419779.html | title=Organized Living goes west (expanding in Las Vegas, Nevada)| publisher=''HFN'' | date=June 24, 1996 | accessdate=Oct 27, 2009}}{{dead link|date=February 2019|bot=medic}}{{cbignore|bot=medic}}</ref> In 1993, the then-two store chain changed its name from '''Containers and More''' to '''Organized Living'''.<ref name="STL1993">{{cite news | url= http://nl.newsbank.com/nl-search/we/Archives?p_product=SL&p_theme=sl&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0EB04DF8B2F84718&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM | title=Business Plus, Bulletin Board | newspaper=[[St. Louis Post-Dispatch]] | date=January 11, 1993 | accessdate=October 26, 2009}}</ref> By mid-1996, the chain had three stores (the original location plus two others in [[St. Louis, Missouri|St. Louis]]) and next expanded by adding two stores in [[Las Vegas Valley|Las Vegas]], in early 1997.<ref name="HFN1996"/> As it grew, the company consciously decided to focus expansion on markets not already served by [[The Container Store]], its primary competitor.<ref name="HFN1998">{{cite news | url= http://www.highbeam.com/doc/1G1-50371565.html | title=Organized Living Stresses Solutions | work=HFN| date=September 21, 1998 | accessdate=October 27, 2009}}{{dead link|date=February 2019|bot=medic}}{{cbignore|bot=medic}}</ref> As of mid-2000, the chain had grown to 11 stores.<ref name="Birm2000">{{cite news | url= http://kansascity.bizjournals.com/birmingham/stories/2000/06/12/story7.html | archive-url= https://web.archive.org/web/20160816160707/http://kansascity.bizjournals.com/birmingham/stories/2000/06/12/story7.html | dead-url= yes | archive-date= August 16, 2016 | title=Upscale Organized Living opening at The Summit | newspaper=[[Birmingham Business Journal]] | date=June 9, 2000 | accessdate=Oct 26, 2009}}</ref>
In 1985, Mark Ferrel founded the company as '''Containers Unlimited''', in [[Kansas]],<ref name="CBF-10-26-05">{{cite news | url= http://columbus.bizjournals.com/columbus/stories/2005/06/20/daily37.html | title=Organized Living liquidating stores | newspaper=[[Columbus Business First]] | date=June 24, 2005 | accessdate=Oct 26, 2009 | first=Tony | last=Goins}}</ref><ref name="CBF-7-1-05">{{cite news | url= http://columbus.bizjournals.com/columbus/stories/2005/07/04/tidbits1.html | title='Sad deal' as Organized Living fails | newspaper=[[Columbus Business First]] | date=July 1, 2005 | accessdate=Oct 26, 2009 | first=Doug | last=Buchanan}}</ref> with its first location in [[Overland Park, Kansas|Overland Park]].<ref name="HFN1996">{{cite news | url= http://www.highbeam.com/doc/1G1-18419779.html | title=Organized Living goes west (expanding in Las Vegas, Nevada)| publisher=''HFN'' | date=June 24, 1996 | accessdate=Oct 27, 2009}}{{dead link|date=February 2019|bot=medic}}{{cbignore|bot=medic}}</ref> In 1993, the then-two store chain changed its name from '''Containers and More''' to '''Organized Living'''.<ref name="STL1993">{{cite news | url= http://nl.newsbank.com/nl-search/we/Archives?p_product=SL&p_theme=sl&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0EB04DF8B2F84718&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM | title=Business Plus, Bulletin Board | newspaper=[[St. Louis Post-Dispatch]] | date=January 11, 1993 | accessdate=October 26, 2009}}</ref> By mid-1996, the chain had three stores (the original location plus two others in [[St. Louis, Missouri|St. Louis]]) and next expanded by adding two stores in [[Las Vegas Valley|Las Vegas]], in early 1997.<ref name="HFN1996"/> As it grew, the company consciously decided to focus expansion on markets not already served by [[The Container Store]], its primary competitor.<ref name="HFN1998">{{cite news | url= http://www.highbeam.com/doc/1G1-50371565.html | title=Organized Living Stresses Solutions | work=HFN| date=September 21, 1998 | accessdate=October 27, 2009}}{{dead link|date=February 2019|bot=medic}}{{cbignore|bot=medic}}</ref> As of mid-2000, the chain had grown to 11 stores.<ref name="Birm2000">{{cite news | url= http://kansascity.bizjournals.com/birmingham/stories/2000/06/12/story7.html | archive-url= https://web.archive.org/web/20160816160707/http://kansascity.bizjournals.com/birmingham/stories/2000/06/12/story7.html | dead-url= yes | archive-date= August 16, 2016 | title=Upscale Organized Living opening at The Summit | newspaper=[[Birmingham Business Journal]] | date=June 9, 2000 | accessdate=Oct 26, 2009}}</ref>


The store eventually grew to 25 stores before filing for bankruptcy in 2005, after planned financing did not come to fruition.<ref>{{cite web|title=Organized Living Chapter 11 Petition|url=https://www.pacermonitor.com/view/2JQX35I/Organized_Living_Inc__ohsbke-05-57620__0001.0.pdf|website=PacerMonitor|accessdate=7 June 2016}}</ref><ref name="CBF-10-26-05"/> After private equity firm [[Saunders Karp & Megrue]] bought a majority stake in the company,<ref name="CBF-7-1-05"/> the former head of [[Bath & Body Works]], Beth Pritchard, was hired in January 2004 to grow the chain into a national presence.<ref name="KC1-2004">{{cite news | url= http://kansascity.bizjournals.com/kansascity/stories/2004/01/12/daily58.html | title=Organized Living names new CEO | newspaper=[[Kansas City Business Journal]] | date=January 16, 2004 | accessdate=October 26, 2009}}</ref> Pritchard also moved the company's headquarters from [[Lenexa, Kansas]], in the [[Kansas City, Missouri|Kansas City]] area, to [[Westerville, Ohio]], near [[Columbus, Ohio|Columbus]].<ref name="CBF-10-26-05"/> Pritchard was released in May 2005 during the bankruptcy proceedings.<ref name="CBF-5-16-05">{{cite news | url= http://columbus.bizjournals.com/columbus/stories/2005/05/16/daily4.html | title=Organized Living cuts chief in Chapter 11 | newspaper=[[Columbus Business First]]| date=May 16, 2005 | accessdate=October 26, 2009 | first=Tony | last=Goins}}</ref> Pritchard cited changes in Saunder Karp's commitment to finance growth as the cause of the collapse.<ref name="CBF-7-1-05"/>
The store eventually grew to 25 stores before filing for bankruptcy in 2005, after planned financing did not come to fruition.<ref>{{cite web|title=Organized Living Chapter 11 Petition|url=https://www.pacermonitor.com/view/2JQX35I/Organized_Living_Inc__ohsbke-05-57620__0001.0.pdf|website=PacerMonitor|accessdate=7 June 2016}}</ref><ref name="CBF-10-26-05"/> After private equity firm [[Saunders Karp & Megrue]] bought a majority stake in the company,<ref name="CBF-7-1-05"/> the former head of [[Bath & Body Works]], Beth Pritchard, was hired in January 2004 to grow the chain into a national presence.<ref name="KC1-2004">{{cite news | url= http://kansascity.bizjournals.com/kansascity/stories/2004/01/12/daily58.html | title=Organized Living names new CEO | newspaper=[[Kansas City Business Journal]] | date=January 16, 2004 | accessdate=October 26, 2009}}</ref> Pritchard also moved the company's headquarters from [[Lenexa, Kansas]], in the [[Kansas City, Missouri|Kansas City]] area, to [[Westerville, Ohio]], near [[Columbus, Ohio|Columbus]].<ref name="CBF-10-26-05"/> Pritchard was released in May 2005 during the bankruptcy proceedings.<ref name="CBF-5-16-05">{{cite news | url= http://columbus.bizjournals.com/columbus/stories/2005/05/16/daily4.html | title=Organized Living cuts chief in Chapter 11 | newspaper=[[Columbus Business First]]| date=May 16, 2005 | accessdate=October 26, 2009 | first=Tony | last=Goins}}</ref> Pritchard cited changes in Saunder Karp's commitment to finance growth as the cause of the collapse.<ref name="CBF-7-1-05"/>

Revision as of 00:38, 28 June 2019

Organized Living
IndustryManufacturing
FoundedOhio (1919)
HeadquartersCincinnati, Ohio
Websitehttp://organizedliving.com/
Organized Living (former)
IndustryRetail
FoundedKansas (1985)
RevenueIncrease USD Est. $75-100 million in 2004-05[1]
Number of employees
~1000 in 2004-05[2]

Organized Living, formerly known as Schulte Corp.,[3] is a company that manufactures storage and organization products for the home, sold through independent dealers in the United States and Canada.[4] Prior to 2007, Organized Living was a specialty retail chain in the United States that sold storage solutions for home and office.

In 1985, Mark Ferrel founded the company as Containers Unlimited, in Kansas,[1][2] with its first location in Overland Park.[5] In 1993, the then-two store chain changed its name from Containers and More to Organized Living.[6] By mid-1996, the chain had three stores (the original location plus two others in St. Louis) and next expanded by adding two stores in Las Vegas, in early 1997.[5] As it grew, the company consciously decided to focus expansion on markets not already served by The Container Store, its primary competitor.[7] As of mid-2000, the chain had grown to 11 stores.[8]

The store eventually grew to 25 stores before filing for bankruptcy in 2005, after planned financing did not come to fruition.[9][1] After private equity firm Saunders Karp & Megrue bought a majority stake in the company,[2] the former head of Bath & Body Works, Beth Pritchard, was hired in January 2004 to grow the chain into a national presence.[10] Pritchard also moved the company's headquarters from Lenexa, Kansas, in the Kansas City area, to Westerville, Ohio, near Columbus.[1] Pritchard was released in May 2005 during the bankruptcy proceedings.[11] Pritchard cited changes in Saunder Karp's commitment to finance growth as the cause of the collapse.[2]

Schulte Corp., one of the company's biggest creditors, obtained rights to the Organized Living name in the bankruptcy proceedings, and operated OrganizedLiving.com as an online retailer through 2012.[12] On January 1, 2013, Schulte Corp. changed its corporate name to Organized Living and relaunched OrganizedLiving.com as its new website.[13][14]

See also

References

  1. ^ a b c d Goins, Tony (June 24, 2005). "Organized Living liquidating stores". Columbus Business First. Retrieved Oct 26, 2009.
  2. ^ a b c d Buchanan, Doug (July 1, 2005). "'Sad deal' as Organized Living fails". Columbus Business First. Retrieved Oct 26, 2009.
  3. ^ "What's in a name? For this brand, everything". Cincinnati Enquirer. Retrieved 27 March 2014.
  4. ^ "About Us". OrganizedLiving.com. Retrieved 27 March 2014.
  5. ^ a b "Organized Living goes west (expanding in Las Vegas, Nevada)". HFN. June 24, 1996. Retrieved Oct 27, 2009. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)[dead link‍]
  6. ^ "Business Plus, Bulletin Board". St. Louis Post-Dispatch. January 11, 1993. Retrieved October 26, 2009.
  7. ^ "Organized Living Stresses Solutions". HFN. September 21, 1998. Retrieved October 27, 2009.[dead link‍]
  8. ^ "Upscale Organized Living opening at The Summit". Birmingham Business Journal. June 9, 2000. Archived from the original on August 16, 2016. Retrieved Oct 26, 2009. {{cite news}}: Unknown parameter |dead-url= ignored (|url-status= suggested) (help)
  9. ^ "Organized Living Chapter 11 Petition" (PDF). PacerMonitor. Retrieved 7 June 2016.
  10. ^ "Organized Living names new CEO". Kansas City Business Journal. January 16, 2004. Retrieved October 26, 2009.
  11. ^ Goins, Tony (May 16, 2005). "Organized Living cuts chief in Chapter 11". Columbus Business First. Retrieved October 26, 2009.
  12. ^ "Firm shelves brass pipes for Organized Living chain". Business Courier of Cincinnati. March 30, 2007. Retrieved Oct 26, 2009.
  13. ^ "Organized Living Launches a New Website and Rebrands, Benefiting from 90 Years of SCHULTE Experience". Digital Journal. Retrieved 27 March 2014.
  14. ^ "About Us". OrganizedLiving.com. Retrieved 15 April 2014.
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