The starting inventory was $190,000 and the opening day of our pre-showing sales ran well over $60,000. The owner immediately brought in another $10,000 in inventory and should have brought in a lot more. Media advertising expense was held to 1.2%. Reported sales exceeded $325,000!
A medical clothing & equipment store’s starting inventory was $112,000. The first day of our pre-showing sales ran over $13,000. Reported gross sales ran over $132,000. Plus, we sold the fixtures for almost $6,000. Media advertising expense ran .03%.
Greeting card store starting inventory was a little over $113,000 at cost. Reported sales ran well over $140,000 for a 131% return. Media advertising expense ran 2.7%. Had the owner followed the Consultant’s suggested timing of discounts gross sales would have been another $10,000 to $15,000. At the completion of the sale the owner realized … Continued
We just completed a Store Closing Sale for a $2,600,000 cost discount store. The opening day of our Pre-showing sales were $95,000 more than the stores biggest day ever! The sale started so well the owner purchased another $600,000 in wanted merchandise. “Two weeks ago when we hit a 100% return on inventory I told … Continued
Starting inventory was $150,000. Opening day of the pre-showing sales ran over $20,000. The owner immediately purchased another $5,000 in profitable fast turning merchandise and should have purchased a lot more as reported gross sales exceeded $215,000. Our Consultant held media advertising expenses to 1.76%.
This sale started with $125,000 cost inventory. The opening day of our pre-showing sales ran well over $60,000. The owner purchased another $10,000 in inventory. A lot more should have been purchased as reported sales ran over $162,000 in three weeks. Fixtures sold for another $5,000. Media advertising expenses were held to $4,900. This was … Continued
In 2000, we held a highly successful Store Closing Sale for a small children’s shoe store. Starting inventory was approximately $100,000 at cost. The opening day sales of our Pre-Showing exceeded $10,000 and the sale was highly successful. The owner was well pleased. He continued to operate his other store in his home town until … Continued
Earlier this year we completed the liquidation of a lumber and hardware store established in 1950. When the owner was ready to retire, he started looking for help to close the store. He talked to his good friend who had closed his hardware store a couple years earlier. The friend told him he used Wingate … Continued
Another store owner in the area of the above store came to that store to observe our sale. He liked what he saw and signed an agreement with the Consultant to liquidate one of his four stores starting immediately upon the completion of the above sale. His sale started so well that two weeks into … Continued
Management of an 8 store farm supply company had moved one of their stores to a new location. Their merchandise team set only current merchandise and core sets in the new store. This left obsolete and shelf worn stock in every department in the old location. They planned to run a clearance sale themselves and … Continued