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 | 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 | 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...
by Chuck Haug | 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...
by Chuck Haug | Oct 28, 2017 | Business Failures, Trends
The year is quickly slipping by us and to plan store closing sale seems too far way. 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. Now is the time for you...
by Chuck Haug | Oct 10, 2017 | Business Failures, Consulting, Discounts & Markdowns, Retirement Sale, Store Closing Sale, Trends
For many small business owners, liquidating assets is often the best or perhaps only feasible method of exiting their businesses, especially retail businesses. The reasons for this are numerous: Your heirs may want nothing to do with a takeover or succession plan....
