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Rather than billing clients by the hour, a group of lawyers and their clients agree on a fixed fee based on expected expenses plus a profit for the law firm. They are using cost-plus pricing.
Cost Plus opened its first store in 1958 at 2552 Taylor Street, Fisherman's Wharf, San Francisco, California. This place he closed permanently in 2020. [3] Founder William Amthor discovered that San Francisco residents loved imported discount retail goods when he sold some rattan furniture. The author was running a small, family-owned furniture store in San Francisco at the time, but instead of displaying rattan furniture in his store, he decided to sell it to San Francisco's Fishermen in his 4,000-square-foot storage space in his Wharf neighborhood.
I borrowed The rattan furniture sold quickly, and Amthor was persuaded to start importing goods as a new business. In late 1958, he opened his first store dedicated to imported goods and began importing wicker by ship.[4] In 1962, with the help of his Tandy Corporation in Texas, Cost Plus Another import chain was formed called Imports. These stores were renamed Pier 1 Imports in 1965 and sold in 1966.
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