CPWM - 57% of Cost Plus Locations See Business as Flat or Down Versus Last Year

Cost Plus Inc., the retailer, was profiled this week. 28 store locations around the country were approached and respondents were asked which items sell best? How is business compared to this time last year? What is your busiest time of year? And are most of your customers buying goods or shopping for themselves? We found that 75% of those interviewed were shopping for themselves and only 25% were shopping for gifts. 25% said business was slower from a year ago, 32% said it was the same and 39% said sales were busier. 32% felt that winter was a busier month, while 50% thought it was summer, 14% said it was fall. Only 4% said that spring time kept them the busiest. And only two items were mentioned as best sellers: Outdoor furniture were cited by 29% and 14% said that it was wine.

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