Bottom of the Barrel: Small-Cap Shopping at Cost Plus
Shopping for a quirky specialty retailer to fill your small-cap portfolio? Cost Plus (CPWM Quote) may be just what you're looking for.
This Oakland, Calif.-based retailer operates 150 stores in 19 states under the names World Market and Cost Plus World Market. The stores offer an eclectic mix of casual home furnishings, housewares, gifts and other decorative stuff.
It competes with the likes of Pier 1 (PIR Quote), but what sets Cost Plus apart is its selection of gourmet food items and value-priced wines from around the world. Cost Plus stores feel much like a mix of Pier 1, Pottery Barn and maybe even a hint of a middle-tier Williams-Sonoma. Shoppers can find everything from a miniature bottle of Tabasco to a delicious bottle of Chardonnay. ...
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