Crate and Barrel Holdings employs 7,500 associates across Crate and Barrel, Crate and Kids, CB2, and Hudson Grace. With over 100 stores in the U.S. and Canada and franchise partners in 9 countries, the business can be an international destination for modern furniture, housewares and decor, connecting the task of artisans and designers from all over the world to a lot more than 100 million customers every year.
Headquartered in Northbrook, Illinois, Crate and Barrel Holdings, generally known as Euromarket Designs, Inc. (d/b/a Crate & Barrel) is an associate of the Otto GmbH.
Gordon and Carole Segal opened the first Crate & Barrel store on December 7, 1962, at age 23. The 1,700-square-foot (160 m2) space partly of a vintage elevator factory was located at 1516 North Wells Street in the then-bohemian Old Town neighborhood of Chicago, Illinois. The inspiration was their honeymoon in the Caribbean, where in fact the Segals saw economical yet tasteful European household products on the market. They became considering providing functional yet aesthetically pleasing products to young families just getting started. Surprised to see that European manufacturers offered many beautiful and durable products at reasonable prices, these were inspired to get started on their own store in the usa. The Segals started by recruiting a worker and leasing an abandoned elevator factory on Chicago’s Wells Street. They traveled throughout Europe buying directly from glassblowers, ceramicists and factories making French copper pots and simple white bistro dinnerware.
The first store opened in response to a flourishing of world trade in furniture as a result of early 1960s, round of discusses the overall Agreement on Tariffs and Trade. The Segals searched for small European companies which were not represented in the us and negotiated direct purchases from these factories that may be sold to the buyer while avoiding a wholesaler’s markup. Even today, most Crate & Barrel’s products are direct imports from Europe, though Thai, Mexican and Indian glass and textiles can even be within their stores.