The first Cost Plus opened in 1958, when a San Francisco businessman parlayed his passion for travel into an import business by selling a shipload of hand-woven wicker from a local pier. The furniture sold out within a few days, but the idea lived on. Now Cost Plus World Market’s store at Fisherman’s Wharf in San Francisco is a favorite destination for tourists and locals alike. (Cost Plus World Market)
With such a receptive audience eagerly awaiting his return, it only made sense to open a store. And in 1958 he opened the first store in San Francisco’s famed Fisherman’s Wharf and called it Cost Plus World Market. The store quickly became a destination for those who craved original and handmade items from around the world. Items were sold at cost, plus ten percent – hence the name Cost Plus World Market! (Cost Plus World Market)
Since its opening more than four decades ago, the Company’s product categories have expanded to include: furniture, pillows, lamps, floor and window coverings, frames, baskets, garden, collectibles, tabletop and kitchen accessories, along with gourmet foods and wines. From a dining room table and chairs to the perfect Chardonnay to complement a meal, Cost Plus World Market is a complete value retailing resource which provides simple yet unique solutions for every entertaining and decorating need. (Cost Plus World Market)
In 1996, the Company completed an initial public offering and trades on the NASDAQ national market under the symbol Cost Plus World Market. (Cost Plus World Market)
As of January 30, 2010, the company operated in 268 stores under the name “World Market”, “Cost Plus World Market”, “Cost Plus Imports”, and “World Market Stores”. (Cost Plus World Market)
Cost Plus World Market buyers travel the world visiting remote villages, centuries-old factories and foreign bazaars searching for unique products to offer our customers. They get baskets from Bali, chocolates from Belgium, pottery from
Bibliography: (n.d.). Retrieved September 2010, from Cost Plus World Market: www.worldmarketcorp.com Wire, B. (n.d.). Cost Plus World Market Launches New Teacher Discount Program. Retrieved September 2010, from Business Service Industry: http://findarticles.com/p/articles/mi_m0EIN/is_20090226/ai_n31407242/ www.hoovers.com. (n.d.). Retrieved September 2010, from Hoovers: www.hoovers.com/company/Cost_Plus_Inc