Signage indicates that Cost Plus World Market Inc. is coming to Wesley Chapel. A banner outside The Grove at Wesley Chapel, as well as building permits, indicate that the Alameda, Calif.-based company will open an 18,600-square-foot location at the shopping center.
"The cat's out of the bag!" The Grove wrote on its Facebook page Monday. The caption accompanied a picture of a "Coming soon" sign for Cost Plus, which the post said will open in 2018.
Cost Plus sells food, home decor and furniture. Its name comes from its pricing structure — items are sold at 10 percent above their at-cost value. It is a subsidiary of Bed Bath and Beyond Inc.
According to Pasco County records, the company applied for permits in May 2016 for a Cost Plus World Market location at 5833 Wesley Grove Blvd.
Representatives of The Grove at Wesley Chapel could not be reached for comment. As of Monday afternoon, a Cost Plus spokeswoman had not answered a list of emailed questions.
It won't be Cost Plus' first appearance in Tampa Bay. Cost Plus announced a Clearwater store in 2016 at the Sunset Point 19 shopping center. The company has not yet announced an opening date.
Cost Plus has around 260 stores across the country.
Staff writer C.T. Bowen contributed to this report. Contact Malena Carollo at [email protected] or (727) 892-2249. Follow @malenacarollo on Twitter.