by Chuck Haug | 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...
by Chuck Haug | May 3, 2017 | Business Failures, Retail Industry, Store Closing Sale, Trends
Often Retailers Financial Problems will cause a drain on cash flow. Your business debt must be reduced, eliminated or restructured. This will make your business more manageable therefore reduce drain on cash flow. Every business, large and small, can run into...
by Chuck Haug | Apr 17, 2017 | Business Failures, Retail Industry, Store Closing Sale, Trends
Will 2017 go down in history as the year of retail store closures? Most of us are wondering what has happened to “Retail”. What the long term effect of all of the “Store Closing” and “Going Out of Business” sales is going to be. I’ve attached a great article...
by Chuck Haug | Apr 11, 2017 | Business Failures, Retail Industry, Trends
Do you know why in the United States there are so many retail business failures? “In the United States alone, on average 1 retailer failed every 12 minutes. Five failures per hour, 24 hours per day, 365 days per year. ” That’s the findings of The...
by Chuck Haug | Jan 25, 2017 | Business Failures, Store Closing Sale
Have you seen “Store Closing” in your local news headlines this year? Store Closing – News Headlines Posted on January 7, 2017 by Chuck Haug “Macy’s announces closing of 68 stores.” “Sears & Kmart to close 150 stores.” “250 Limited stores...
