by Chuck Haug | Nov 16, 2024 | Business Failures, Consulting, Retirement Sale, Trends
Why Independent Furniture Stores Are Closing 1. Increased Competition • Online Retailers: E-commerce giants like Amazon and Wayfair offer a vast selection of furniture at competitive prices, often with free shipping, making it hard for small stores to compete. •...
by Chuck Haug | Sep 21, 2024 | Uncategorized
Selling a small retail store can be a complex yet rewarding process, especially in today’s rapidly evolving business landscape. Whether you’re planning to retire, shift your focus to new ventures, or simply move on from retail, the following guidelines can help...
by Chuck Haug | Sep 3, 2024 | Marketing, Retail Industry, Retirement Sale, Store Closing Sale, Uncategorized
When it comes to closing a store, the type of sale you choose can influence both the strategies you employ and the messaging you use. Below are the distinctions between common types of store closing sales, including retirement sales, going out of business sales,...
by Chuck Haug | Aug 26, 2024 | Uncategorized
Running a retirement store closing sale offers several advantages, both financial and emotional, for business owners who are ready to exit the retail industry. Here are some key benefits: 1. Maximized Revenue Convert Inventory to Cash: – Clearance of...
by Chuck Haug | Aug 19, 2024 | Advertising, Exterior Signage, Interior Signage, Marketing, Retirement Sale, Signage, Store Closing Sale, Uncategorized
Signs can be one of the most effective marketing tools you can use when conducting a Store Closing Sale. Exterior Signs: The use of professional looking signs used on the exterior of the store should shout that you are closing your store. They should “shout” that...
