Blog
Store Closing Sale As Exit Strategy
In the dynamic world of retail, where trends shift, and economic landscapes change, the idea of closing a store can seem daunting. However, when executed strategically, a store closing sale or retirement sale can serve as a powerful exit strategy. This process not...
Which One? Liquidation Sale Or Inventory Reduction Sale
Inventory Reduction Sale: Perceived as a strategic move by the retailer to clear out excess stock. Customers may interpret it as a chance to get good deals on items that are still in good condition. Often associated with regular sales events where prices are marked...
When Is Best Time For Store Closing Sale?
For many retailers, the fourth quarter presents the optimal opportunity to close their stores. While this may initially seem counterintuitive due to the peak holiday sales period, it actually maximizes the effectiveness of a store closing sale for several reasons:...
Exit Strategies – Do You Have One?
Exiting an independent retail business can be a significant decision, and there are several ways to approach it depending on your goals and circumstances. Here are some common methods to consider: Sell the Business: Direct Sale: Find a buyer interested in purchasing...
There Is Life After Retail
Did you know that there is life after retail? The over 300 clients that I have helped close their retail store do and they are enjoying every minute of it. When the time is right a Retirement Sale or Store Closing Sale proves to be the best way for most small...
Introducing a New Approach to Conducting Store Closing Sales
Engaging a store closing consultant can be a valuable choice for managing store closing, retirement, or going out of business sales. However, traditional on-site consulting can be costly. At CCH Consulting, we've innovated a more cost-effective solution to conducting...
You Start With “The Plan”
"The Plan" serves as the foundation for assisting small and medium-sized retailers in creating a store closing sale plan. Store closing sales, retirement sales, going-out-of-business sales, or liquidation sales all requie a detailed plan. With over 20 years of...
A Store Closing Sale Is Sometimes Just The Right Move
A Store Closing Sale or Retirement Sale is usually the best way for most small and medium sized retailers to exit their retail business. A Store Closing Sale can sell all of your inventory and assets. It can generate 1.8 times the cost of your inventory. You can exit...
Use Social Media To Promote Your Store Closing, Going Out Of Business Or Retirement Sale
Social media marketing offers a plethora of benefits for businesses of all sizes and industries: When conducting a store closing sale, retirement sale or going out of business sale social media will allow you you make contact with your exisiting customers and help you...
The Advantages Of Using Interior Signage During A Store Closing Sale
Using interior signage for a store closing sale offers several advantages: Visibility: Interior signage placed strategically throughout the store ensures that customers are aware of the sale as soon as they enter. This maximizes visibility and increases foot traffic,...