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...
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 31, 2019 | Retail Industry, Store Closing Sale, Trends
We have just past Christmas selling season and you should have a pretty good idea how it turned out. If you’r elike most retailers I’ve talked with this year continues to be a challenge and next year is still full of lots of unanswered questions. As on-line sales...
Dec 10, 2019 | Business Failures, Retail Industry, Store Closing Sale, Trends
We are well into the Christmas selling season and you should have a pretty good idea how it’s going to turn out. If you’re like most retailers I’ve talked with this year continues to be a challenge and next year is still full of lots of unanswered questions. The...
Mar 24, 2019 | Retail Industry
I write and advise small retailers every day on how to best use a Store Closing Sale to exit their retail business . Today I want to share some thoughts on how to avoid needing to have a Store Closing Sale. Business is going to continue to be tough. Here are some...
