For most retailers the last three months of the year is the best time to conduct a store closing sale if your goal is to maximize your return on investment. This is especially true this year with the current environment.. The last three months of the year provide the highest volume and profitability for the vast majority of retailers. This makes the last quarter the best time to conduct your Store Closing Sale.
Here’s why:
• The holiday season is the best time of the year for most retailers. A Store Closing Sale is the fastest and safest way to sell a store for the highest possible cash price.
• A Closing Sale during the last quarter allows your inventory to be sold out at the highest possible profit margins, in the shortest period of time, with the lowest advertising and other expenses, thus maximizing your return.
• All sales are cash, and your cash flow becomes positive almost immediately.
• Consumers always spend more for the holidays and are more likely to shop a well-planned and advertised Store Closing Sale. Price conscious consumers are more attracted to these sales than ever before.