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Old 01-26-2009, 04:19 PM
 
77 posts, read 169,057 times
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Big fan of Cost Plus WM. Anyone know of any similar stores in area? Pier One . . . Jungle Jim's . . IKEA etc.
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Old 01-26-2009, 09:29 PM
 
561 posts, read 1,779,381 times
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Decline and fall? Are they having serious problems?

You can definitely get analogs for most of their food products at some combo of Jungle Jims and Fresh Market. I think a lot of their other household stuff is unique to their stores.
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Old 01-26-2009, 09:46 PM
 
455 posts, read 1,668,658 times
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I can see closing the one near tri-county mall because, well, everything around it is gone and westwood (wherever the hell that is) but they should at least have one location here and Kenwood seems to be the one that would fit. Instead, I guess there is an Urban Active disco gym going into that space. Pier One is the old version of that type of chain and I'd have thought they would easily go under first... hrmm.
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Old 01-26-2009, 09:50 PM
 
13,710 posts, read 22,826,319 times
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Quote:
Originally Posted by Joe 4520832257 View Post
Decline and fall? Are they having serious problems?


This is a recent press release:

COST PLUS, INC. PROVIDES DETAIL ON PLAN TO CLOSE 26 STORES AND EXIT EIGHT MEDIA MARKETS
Oakland, CA -- January 9, 2009 -- Cost Plus, Inc. (Nasdaq: CPWM) today provided detail on the plan to close 26 stores and exit eight media markets. Upon completion of its plan to rationalize operations, Cost Plus will operate 270 stores in 98 markets covering 30 states.
The eight media markets the Company plans to exit include: Cincinnati OH, Fort Lauderdale FL, Fort Wayne IN, Memphis TN, Minneapolis-St. Paul MN, Rochester MN, Omaha NE, and Rockford IL.
Individual stores to be closed include: Mesa (1349 Alma School Road Mesa, AZ), Ontario (4421 Mills Circle Ontario, CA), Vallejo (105 Plaza Drive Vallejo, CA), Pembroke Pines (11960 Pines Boulevard Pembroke Pines, FL), Stonecrest (8140 Mall Parkway Lithonia, GA), Fayetteville (240 Pavilion Parkway Fayetteville, GA), Hoffman Estates (2780 Sutton Road Hoffman Estates, IL), Rockford (6650 East State Street Rockford, IL), Fort Wayne (4310 Coldwater Road Fort Wayne, IN), Germantown (20904 Frederick Road Germantown, MD), Bloomington (4250 West 78th Street Bloomington, MN), Maple Grove (12209 Elm Creek Blvd Maple Grove, MN), Minnetonka (11240 Wayzata Blvd. Minnetonka, MN), Rochester (1200 16th Street SW Rochester, MN), Roseville (2401 Fairview Ave., North Roseville, MN), Woodbury (8268 Tamarack Village Woodbury, MN), Southaven (6535 Towne Center Crossing Southaven, MS), Omaha (201 North 78th Street Omaha, NE), Papillion (7549 Towne Centre Parkway Papillion, NE), West Omaha (17101 Davenport Street Omaha, NE), Western Hills (5555 Glenway Avenue Cincinnati, OH), Tri-County (11747 Princeton Pike Springdale, OH), Kenwood (8121 Montgomery Road Cincinnati, OH), Collierville (4600 Merchants Park Circle Collierville, TN), Market at Wolfcreek (2825 N. Germantown Parkway Memphis, TN) and Tysons Corner (2051 Chain Bridge Road Vienna, VA).
President and Chief Executive Officer Barry Feld said, "Closing underperforming stores allows Cost Plus to rationalize its operations and media markets in this challenging economic environment, and to take full advantage of better growth opportunities when the retail climate improves."
Customers that may be losing their local store can continue purchase goods from Cost Plus World Market through its online business, www.worldmarket.com.
Cost Plus, Inc. is a leading specialty retailer of casual home living and entertaining products. As of today, the Company operates 296 stores in 33 states.
Contact
Jane Baughman
Cost Plus, Inc.




My take : A specialty retailer that has overexpanded and lost a lot of its charm.

Cost Plus was a really great little store at Fisherman's Wharf with an eclectic selection of goods and a great selection of wines. In SF, they have knowledgable staff that can help you out with their products.

The employees in the Midwest are almost non-existent.

Personally, CPWM was my first stop on most trips to SF and I often shipped purchases home. Now, I cannot remember the last time I went into the store. If I need wine, there are a dozen liquor stores with staff that knows the products and is generaly cheaper.
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Old 01-27-2009, 02:07 AM
 
Location: Cincinnati(Silverton)
1,576 posts, read 2,302,691 times
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The fresh market was only in Kenwood a couple of years. Maybe the Trader Joe's and the new Kroger's forced it's hand out of the market.
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Old 01-27-2009, 08:58 AM
 
Location: Philaburbia
31,164 posts, read 57,288,199 times
Reputation: 52030
Nooooooooooooooooooooooooooooooooo!

Dang. I can't tell you how much wine I've carted back to Pennsylvania (shhhhh, don't tell the liquor control board ...) from Cost Plus over the past four years.

Oh, well, I can still shop there when I visit my sister in Michigan.
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Old 01-27-2009, 11:29 AM
 
2,204 posts, read 5,843,647 times
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Quote:
Originally Posted by Ohiogirl81 View Post
Nooooooooooooooooooooooooooooooooo!

Dang. I can't tell you how much wine I've carted back to Pennsylvania (shhhhh, don't tell the liquor control board ...) from Cost Plus over the past four years.

Oh, well, I can still shop there when I visit my sister in Michigan.
Are you not able to get it at Jungle Jim's?
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Old 01-27-2009, 11:43 AM
 
Location: Philaburbia
31,164 posts, read 57,288,199 times
Reputation: 52030
Can you believe I have never been to Jungle Jim's? I am so ashamed ... LOL
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Old 01-27-2009, 05:53 PM
 
41 posts, read 101,681 times
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Stopped in to the one near Kenwood on Sunday - I received a $50 gift card for Christmas and thought I'd see what I couldn't live without. Had no idea they were closing at first.. some of the shelves were a bit bare, and there were 10 - 20% off signs on most shelves. Not until we had been shopping about 15 minutes that I saw the sign (not very prominent) that all sales were final. So I asked an employee about it... He said all the Cincinnati area stores were closing. I am very glad I happened to stop in when I did so I could use my gift card. We really loved World Market, and shopped it in various states in which we have lived.
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Old 01-27-2009, 08:42 PM
 
62 posts, read 270,164 times
Reputation: 67
This was very sad news -- World Market is a great store for their non-food items. Yes, it might seem like "Pier1", but their assemble-it-yourself furniture is the finest I've ever purchased -- far superior to IKEA's cheap stuff (not even in the same league), and even better than Crate & Barrel's overpriced items (which always have some sort of manufacturing defect). The employees I've dealt with in the World Market in Westwood (Glenway Avenue) have been wonderful -- knowledgeable, helpful, and friendly.

They will be sorely missed.
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