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!
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
We recently helped a nine store outdoor gear and apparel chain close one of their stores. It was located in a large metropolitan area and had a starting inventory of $320,000. A 10,000 piece pre-showing was used to start the sale. First days sales ran just a few dollars short of $80,000. Management then decided … Continued
We recently completed a Retirement Store Closing Sale for a $505,000 cost department store in a small town in a very isolated area. Due to our liquidation program, the store’s good reputation and the client’s full cooperation, reported gross sales ran $707,000. Advertising expenses were held to a little over 1%.