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 | Aug 5, 2024 | Consulting, Retirement Sale, Store Closing Sale, Uncategorized
Financial Closure Determine the impact of the retirement store closing sale on financial obligations. The funds from the sale should ideally cover remaining debts, leases, and vendor payments. Professional financial advice may help in ensuring all loose ends are tied...
by Chuck Haug | Jul 30, 2024 | Advertising, Consulting, Email Marketing, Marketing, Store Closing Sale
Early Planning and CommunicationsPlanning should begin well in advance. Create a detailed timeline outlining when and how the sale will be promoted. Clear communication with suppliers, employees, and customers is crucial. Inform suppliers about discontinuing orders...
by Chuck Haug | Jul 22, 2024 | Consulting, Marketing, Media, Retirement Sale, Store Closing Sale
Advantages of Using A Store Closing Sales and Retirement Sales In the dynamic world of retail, where trends shift, and economic landscapes change, the idea of conducting a store closing sale can seem daunting. However, when executed strategically, a store closing...
by Chuck Haug | Jul 15, 2024 | Consulting, Marketing, Retirement Sale, Store Closing Sale, Uncategorized
How To Select A Store Closing Sale Consultant Choosing the right store closing sale consultant is an important decision that can significantly impact the success of your sale. Here are some steps and key considerations to guide you in selecting the best consultant for...
by Chuck Haug | Jul 4, 2024 | Advertising, Consulting, Discounts & Markdowns, Email Marketing, Marketing, Retirement Sale, Store Closing Sale
In a customer's mind, the perception of an inventory reduction sale versus a liquidation sale can vary significantly: 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...
