World Market

World Market (formerly Cost Plus World Market) is a premier American specialty retailer and a high-productivity Anchor Tenant for dominant Regional Malls, Power Centers, and Lifestyle Centers. Founded in 1958 at San Francisco’s Fisherman’s Wharf, the brand has evolved from an "import-only" concept into a sophisticated, multi-category destination for globally sourced home furniture, decor, gourmet food, and international wine. Following its 2021 acquisition by Kingswood Capital Management from Bed Bath & Beyond, World Market is executing a 2026 "Core Value & Experience" revitalization strategy. This plan focuses on hyper-localized assortments and an elevated "Marketplace" store format that emphasizes its unique DNA in small indulgences and home styling. For landlords and developers, World Market offers a stable, private-equity-backed business model with a high-income, "treasure-hunt" seeking demographic. The brand’s ability to anchor large-format lifestyle wings (typically 18,000 sq. ft.) makes it a critical driver of consistent, multi-generational foot traffic for premium suburban retail hubs.