Cost Plus, Inc.

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Cost Plus, Inc. (NASDAQ: CPWM) is the owner and operator of the chain of Cost Plus World Market specialty/import retail stores.

History

Cost Plus opened its first store at Fisherman's Wharf in San Francisco, California in 1958. After the success of this store, they quickly spread across the Bay Area and later into other states. There are currently almost 300 stores spread across 35 states. ^[2]

In 1996, Cost Plus went public and began trading on the NASDAQ stock market.

Also some time in the early 1990s, Cost Plus shifted the branding of its stores to either Cost Plus World Market, or simply World Market

In February, 2006, Cost Plus reported quarterly earnings of $125 million with $367 million in revenue for the 4th fiscal quarter of 2006. Their annual earnings were $280 million with over $800 million in revenue.

Stores

Cost Plus World Market is often described as a larger, lower-cost version of Pier 1. They offer a wide array of goods from many countries, including but not limited to dishes, rugs, furniture, candles and plates. The stores feature many artistic and cultural accessories for sale. In addition World Market also has a large and noteworthy selection of international dry goods (non-refrigerated foods). These include imported snacks, candies, and condiments, such as Pocky, Weetabix, and Marmite. They are especially well known for an extensive wine selection in most stores. The stores also have some "store brand" consumables, including but not limited to their own versions of unique condiments and drinks.

References

External links

• Cost Plus World Market official website