Jan 22, 2020 | Business Failures, Consulting, Miscellaneous
Over 1900 retail stores will close in 2020. When large chains, with large staff like Pier One, Forever 21, Sears, Gap, and Chico’s hire professional retail consulting organizations to run their store closing sale, you have to wonder why so many small retailers...
Dec 8, 2017 | Miscellaneous, Store Closing Sale, Trends
One of the first questions a store owner that is considering a store closing sale ask is, “What about my retail store lease”. I’ve talked with hundreds of small retailers over the last two years that are experiencing very difficult times. This has caused many of them...
Jun 30, 2017 | Business Failures, Miscellaneous, Retail Industry, Trends
Do you have a retail business vs hobby situation? Times have never been tougher for the small retailer. For most, sales are down, customers are buying less, everyone wants a discount and expenses keep growing. According to all the “experts” things really aren’t going...