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'''Organized Living''' was a [[Retailing#Shops and stores|specialty retail chain]] in the [[United States]] that sold storage solutions for home and office. Since 2007, it has operated as an online-only outlet.
'''Organized Living''' was a [[Retailing#Shops and stores|specialty retail chain]] in the [[United States]] that sold storage solutions for home and office. Since 2007, it has operated as an online-only outlet.


The company was founded as '''Containers Unlimited''' by Mark Ferrel in [[Kansas]] in 1985,<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}}</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}}</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}}</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 | publisher=''[[St. Louis Post-Dispatch]]'' | date=Jan. 11, 1993 | accessdate=Oct. 26, 2009}}</ref> By mid-1996, the chain had three stores (the original location plus two locations in [[St. Louis, Missouri|St. Louis]]) and next expanded by adding two stores in [[Las Vegas, Nevada|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 | publisher=''HFN'' | date=Sept. 21, 1998 | accessdate=Oct. 27, 2009}}</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 | title=Upscale Organized Living opening at The Summit | publisher=''[[Birmingham Business Journal]]'' | date=June 9, 2000 | accessdate=Oct. 26, 2009}}</ref>
The company was founded as '''Containers Unlimited''' by Mark Ferrel in [[Kansas]] in 1985,<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}}</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 | publisher=''[[St. Louis Post-Dispatch]]'' | date=Jan. 11, 1993 | accessdate=Oct. 26, 2009}}</ref> By mid-1996, the chain had three stores (the original location plus two locations in [[St. Louis, Missouri|St. Louis]]) and next expanded by adding two stores in [[Las Vegas, Nevada|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 | publisher=''HFN'' | date=Sept. 21, 1998 | accessdate=Oct. 27, 2009}}</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 | title=Upscale Organized Living opening at The Summit | publisher=''[[Birmingham Business Journal]]'' | date=June 9, 2000 | accessdate=Oct. 26, 2009}} {{Dead link|date=December 2010|bot=RjwilmsiBot}}</ref>


The store eventually grew to 25 stores before filing for bankruptcy in 2005 after planned financing did not come to fruition.<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 | publisher=''[[Kansas City Business Journal]]'' | date=Jan. 16, 2004 | accessdate=Oct. 26, 2009}}</ref> Pritchard also moved the company's headquarters from [[Lenexa, Kansas|Lenexa]], [[Kansas]] in the [[Kansas City]] area to [[Westerville, Ohio|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 | publisher=''[[Columbus Business First]]'' | date=May 16, 2005 | accessdate=Oct. 26, 2009}}</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 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 | publisher=''[[Kansas City Business Journal]]'' | date=Jan. 16, 2004 | accessdate=Oct. 26, 2009}}</ref> Pritchard also moved the company's headquarters from [[Lenexa, Kansas|Lenexa]], [[Kansas]] in the [[Kansas City]] area to [[Westerville, Ohio|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 | publisher=''[[Columbus Business First]]'' | date=May 16, 2005 | accessdate=Oct. 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"/>


Schulte Corp., one of the company's biggest creditors, obtained rights to the Organized Living name in the bankruptcy, and operates OrganizedLiving.com as an online retailer.<ref name="CBF-3-30-07">{{cite news | url= http://cincinnati.bizjournals.com/cincinnati/stories/2007/04/02/story8.html | title=Firm shelves brass pipes for Organized Living chain | publisher=''Business Courier of Cincinnati'' | date=March 30, 2007 | accessdate=Oct. 26, 2009}}</ref><ref>[http://www.organizedliving.com/category/customer+service/about+us.do OrganizedLiving.com, About Us], Retrieved 2009-10-26</ref>
Schulte Corp., one of the company's biggest creditors, obtained rights to the Organized Living name in the bankruptcy, and operates OrganizedLiving.com as an online retailer.<ref name="CBF-3-30-07">{{cite news | url= http://cincinnati.bizjournals.com/cincinnati/stories/2007/04/02/story8.html | title=Firm shelves brass pipes for Organized Living chain | publisher=''Business Courier of Cincinnati'' | date=March 30, 2007 | accessdate=Oct. 26, 2009}}</ref><ref>[http://www.organizedliving.com/category/customer+service/about+us.do OrganizedLiving.com, About Us], Retrieved 2009-10-26</ref>

Revision as of 02:49, 11 December 2010

Organized Living
IndustryRetail
FoundedKansas (1985)
RevenueIncrease USD Est. $75-100 million in 2004-05[1]
Number of employees
~1000 in 2004-05[2]

Organized Living was a specialty retail chain in the United States that sold storage solutions for home and office. Since 2007, it has operated as an online-only outlet.

The company was founded as Containers Unlimited by Mark Ferrel in Kansas in 1985,[1][2] with its first location in Overland Park.[3] In 1993, the then-two store chain changed its name from Containers and More to Organized Living.[4] By mid-1996, the chain had three stores (the original location plus two locations in St. Louis) and next expanded by adding two stores in Las Vegas in early 1997.[3] As it grew, the company consciously decided to focus expansion on markets not already served by The Container Store, its primary competitor.[5] As of mid-2000, the chain had grown to 11 stores.[6]

The store eventually grew to 25 stores before filing for bankruptcy in 2005 after planned financing did not come to fruition.[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.[7] 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.[8] 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, and operates OrganizedLiving.com as an online retailer.[9][10]

See also

References

  1. ^ a b c d Goins, Tony (June 24, 2005). "Organized Living liquidating stores". Columbus Business First. Retrieved Oct. 26, 2009. {{cite news}}: Check date values in: |accessdate= (help); Italic or bold markup not allowed in: |publisher= (help)
  2. ^ a b c d Buchanan, Doug (July 1, 2005). "'Sad deal' as Organized Living fails". Columbus Business First. Retrieved Oct. 26, 2009. {{cite news}}: Check date values in: |accessdate= (help); Italic or bold markup not allowed in: |publisher= (help)
  3. ^ a b "Organized Living goes west(expanding in Las Vegas, Nevada)". HFN. June 24, 1996. Retrieved Oct. 27, 2009. {{cite news}}: Check date values in: |accessdate= (help); Italic or bold markup not allowed in: |publisher= (help)
  4. ^ "Business Plus, Bulletin Board". St. Louis Post-Dispatch. Jan. 11, 1993. Retrieved Oct. 26, 2009. {{cite news}}: Check date values in: |accessdate= and |date= (help); Italic or bold markup not allowed in: |publisher= (help)
  5. ^ "Organized Living Stresses Solutions". HFN. Sept. 21, 1998. Retrieved Oct. 27, 2009. {{cite news}}: Check date values in: |accessdate= and |date= (help); Italic or bold markup not allowed in: |publisher= (help)
  6. ^ "Upscale Organized Living opening at The Summit". Birmingham Business Journal. June 9, 2000. Retrieved Oct. 26, 2009. {{cite news}}: Check date values in: |accessdate= (help); Italic or bold markup not allowed in: |publisher= (help) [dead link‍]
  7. ^ "Organized Living names new CEO". Kansas City Business Journal. Jan. 16, 2004. Retrieved Oct. 26, 2009. {{cite news}}: Check date values in: |accessdate= and |date= (help); Italic or bold markup not allowed in: |publisher= (help)
  8. ^ Goins, Tony (May 16, 2005). "Organized Living cuts chief in Chapter 11". Columbus Business First. Retrieved Oct. 26, 2009. {{cite news}}: Check date values in: |accessdate= (help); Italic or bold markup not allowed in: |publisher= (help)
  9. ^ "Firm shelves brass pipes for Organized Living chain". Business Courier of Cincinnati. March 30, 2007. Retrieved Oct. 26, 2009. {{cite news}}: Check date values in: |accessdate= (help); Italic or bold markup not allowed in: |publisher= (help)
  10. ^ OrganizedLiving.com, About Us, Retrieved 2009-10-26


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