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 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 | Jul 1, 2024 | Consulting, Merchandise Pricing, Retail Industry, 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:...
by Chuck Haug | Jun 10, 2024 | Consulting, Free Information Page, Marketing, Trends
“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...
by Chuck Haug | May 3, 2023 | Advertising, Business Failures, Email Marketing, Marketing, Media, Store Closing Sale
Social media marketing offers a plethora of benefits for businesses conducting a store closing sale. Increased brand awareness: Social media platforms have billions of users worldwide. Leveraging these platforms allows businesses to reach a vast audience and increase...
by Chuck Haug | Jun 28, 2021 | Retail Industry
I’ve talked with hundreds of small retailers over the last two years that are experiencing very drastic sales losses. This has caused many of them to consider a store closing sale or going out of business sale. One of the first questions they ask is, “What about my...
