Cost Plus World Market
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About Cost Plus World Market
Cost Plus World Market is a specialty retail chain that offers a diverse array of home furnishings, décor, gifts, and international food products. The company was founded in 1958 in San Francisco, beginning its journey as a single store on Fisherman’s Wharf. The store's unique approach of selling imported goods at cost plus a modest markup inspired its name. Over the years, World Market has grown steadily, becoming known for its globally sourced merchandise and distinctive in-store experience.
A notable chapter in its history occurred in 2012 when Bed Bath & Beyond acquired the company, which helped propel its national expansion. However, in January 2021, World Market embarked on a new phase of independent operation when it was acquired by Kingswood Capital Management. This transition marked a renewed focus on enhancing its omnichannel retail strategy.
As of November 2025, Cost Plus World Market operates around 242 stores across 39 states, with significant concentrations in California, Texas, and Florida. The stores are typically situated in power centers and lifestyle centers, catering to affluent suburban and urban markets. In recent years, the company has pursued selective expansion, particularly in high-growth areas like Texas and Florida, and is actively exploring opportunities in lifestyle centers and power centers, especially in the Sunbelt and coastal states.
World Market continues to appeal to a broad customer base with its curated, globally inspired selections and seasonal offerings. Its established brand and adaptable store formats make it a desirable anchor or co-anchor tenant in bustling retail corridors. The company's commitment to e-commerce and omnichannel capabilities, alongside its strategic new store openings and relocations, indicates a stable growth approach aimed at optimizing its national presence.
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