A tool chest may include a base portion, two opposing sidewalls, a drawer portion and a lid. The sidewalls extend substantially parallel to each other on opposite sides of the base portion to define a tool repository between the sidewalls. The lid has a closed position covering a top of the tool chest, and an open position in which access is provided to the tool repository. The drawer portion is slidable to at least partially remove the drawer portion from the base portion. The drawer portion is automatically locked by closing the lid via a locking assembly that is operable configured to automatically unlock with the lid is open unless the locking assembly is retained in a locked position.