acquired by Bed Bath & Beyond in 2012. In 2014, Cost Plus World Market launched an online crowdsourcing-model marketplace called Craft by World Market. The website posts items for one month at a time, and sells only products that have a certain number of pre-orders to ensure that enough customers will buy them. In October 2019, Bed Bath and Beyond announced pending closure of 60 stores; 40 of the shuttered stores will be Bed Bath and Beyond locations, while 20 will be World Market or other subsidiaries. This was later followed with the company's decision to sell Cost Plus World Market to Kingswood Capital Management by February 2021, in 2020. References External links Home decor retailers Furniture retailers of the United States Retail companies based in California Companies based in Oakland, California American companies established in 1958 Retail companies established in 1958 1958 establishments in California 2012 mergers and acquisitions 2021 mergers and acquisitions