|Price Range 12mo avg:||$0 – $|
|$/sf 12mo avg:||$|
|CAP Rate 12mo avg:||%|
|Building Size avg:||0 SF|
|Lot Size avg:||+/- acres|
Average Sale and Lease Details coming soon.
About Cost Plus Market
In the late 1950s, a San Francisco businessman turned traveler and importer began selling shiploads of hand-woven wicker from one of the city’s piers. As crates were unloaded, locals lined up and loaded up. Even curious tourists were drawn to the unique and unusual.
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!
More than fifty years later it’s still our passion to discover extraordinary finds from all over the world and make them accessible to all.
Our everyday low prices and high-quality, original items are a great value. Choose from eye-catching, trend-setting home accents, an awe-inspiring array of international foods and wines, and much more.
We bring the beauty and excitement of global bazaars to you. Our selection is always changing, and, like favorite mementos from your life, each item has a story worth sharing. From Balinese baskets, pottery from Portugal and collectibles from Africa to scrolled artwork inspired by Spanish artifacts – each store is a treasure trove.
Gifts galore fill our floors – you’ll find something for everyone, from children to parents. And when you need entertaining essentials, we’re your one-stop shop – whether you’re hosting a holiday or a very personal special occasion.
There are over 265 Cost Plus World Market stores nationwide.
Bed Batch & Beyond (NASDAQ: BBBY) is the parent company of Cost Plus World Market since being acquired in 2012.
|S&P Credit Rating:||A-|
|Moody’s Credit Rating:||Baa1|
|Annual Revenue 2013:||$11.5B|
|Annual Revenue 2012:||$10.9B|
|Revenue Growth:||↑ 5% from 2012|
|Units (Mar. 2014)||265|
|Average Units Volume:||$7.69M|
Yahoo! Finance: BBBY News Latest Financial News for BBBY
Bed Bath & Beyond (BBBY) Takes Action on Coronavirus Concerns
on April 6, 2020 at 1:36 pm
Bed Bath & Beyond (BBBY) is keen on safeguarding its finances through drawings on credit facilities and employee furloughs, among others, as coronavirus continues to wreak havoc. […]
Here Is a List of Companies That Have Suspended Dividends or Stopped Stock Buybacks in April
on April 5, 2020 at 4:44 am
After dozens of companies suspended or cut their dividends in recent weeks amid the coronavirus-driven business slowdown, some analysts believe dozens more are vulnerable across a variety of sectors in the days ahead. […]
Coronavirus update: Unemployment surges to 4.4%, NYC surpasses 50K cases
on April 3, 2020 at 6:20 pm
The coronavirus pandemic surged past 1.03 million cases and 54,000 deaths Friday. The U.S. leads the world, with more than 257,000 cases and more than 6,500 deaths. […]
Bed, Bath, Beyond and Oops
on April 3, 2020 at 5:48 pm
Before you think I know more about stocks than you do, consider this.Source: Shutterstock I'm the guy who recommended you buy Bed, Bath and Beyond (NYSE:BBBY) in January.Not only that, I'm the idiot who took his own advice and did it, after giving you four days to digest my stupidity.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI just checked. BBBY stock is down 75%. * 7 Telecom Stocks That Are Worth a Close Look There's a lesson here. Everybody makes mistakes. I also own Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN), but like most people, I like a diversified portfolio. My retirement account is down about 15% from its high.You must keep pitching, keep hoping, and learn. What I Saw in BBBY StockWhat I saw in Bed, Bath & Beyond was a company ready for a turnaround.Mark Tritton had just come in from Target (NYSE:TGT), where he was chief merchandising officer. There he had discovered fire, as my boss from 1995 put it, when he suddenly found himself covering the Internet with a T-1 line.The fire in this case was a new concept of store brands. The idea was they should be better than national brands, not just pale imitations. On taking charge, Tritton blew out his C-suite and promised a new team. He generated $250 million through the sale and leaseback of his stores. That looked like a war chest he could build with.In a pinch, I figured, Tritton could cancel the BBBY stock dividend. I was looking for capital gains. I was hungry for them. I was greedy.I was stupid. What HappenedNo one predicted the speed with which COVID-19 overtook the world. I'll admit I didn't.Neither did Tritton. He remains behind the curve. He finally announced the shutdown of half his stores for two weeks, on March 20. They were due to open April 3.They won't. In fact, the rest of the stores followed them.Even if Bed Bath & Beyond had a competitive web presence, and it doesn't, the product mix is worthless for the current moment. All they can do is slap 20% off stickers on the best merchandise.The result is that S&P has cut the company's bond ratings to the deep junk level of B+. It still had $1.4 billion in cash and an untapped line of credit worth $250 million at the end of January. But how long can it last?The reality of just how bad things are has hit the stock hard. It's down 21% in the last five trading sessions. It was due to open down another nickel on April 1. Any Hope for BBBY Stock?There may be some hope. Tritton let 500 people go early in March as part of his restructuring, cutting yearly expenses by $85 million. He brought in Joe Hartsig from Walgreens Boots Alliance (NYSE:WBA) as chief merchandising officer, a job he had previously handled himself.Because of the restructuring and thanks to the sale of its real estate, the cash burn at BBBY is not as bad as it could be. Closing the stores cuts the burn further. But until the pandemic eases off and people go back to work, BBBY is virtually out of business. The Bottom LineNo one is making money right now. It's all about capital preservation. Speculation must give way to staying afloat.That's true for Bed, Bath & Beyond as well. Tritton should drop his online prices to the floor and clear out inventory for whatever he can get, hunker down for a few months, and set new plans.If he can stay alive, Tritton might have the cash to reboot. That's a small hope, but if you're still in this dog of a stock it's what you have.Dana Blankenhorn has been a financial and technology journalist since 1978. His latest book is Technology's Big Bang: Yesterday, Today and Tomorrow with Moore's Law, essays on technology available at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in BBBY, MSFT and AMZN. More From InvestorPlace * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * This Stock Picker's Latest Video Just Went Viral * The 1 Stock All Retirees Must Own The post Bed, Bath, Beyond and Oops appeared first on InvestorPlace. […]
Bed Bath & Beyond Inc. -- Moody's changes Bed Bath's outlook to negative; affirms Ba2 CFR
on April 3, 2020 at 5:04 pm
The Speculative Liquidity Rating is unchanged at SGL-1. The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, falling oil prices, and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets. […]