Sacks Department Store

Department Store

Case Study

Absentee Store Owner Liquidation Sale Sacks Department Store was a family owned store established in 1921 in East Syracuse, NY. It enjoyed its greatest success during the heyday of railroads when workers would frequent the store looking for strong boots and work clothing. With the demise of railroads and declining economy, the area became depressed... Read more »

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Hammer’s Department Store – Winchester, TN

Department Store

Reported sales exceeded $344,000

Starting inventory was $290,000.  The owner did not purchase any additional inventory for the sale.  Sales on the opening day of our Pre-Showing … Read More

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Is COVID-19 Effecting Your Business?Now is the Time to Plan Your Sale

We are facing highly unusual times. Stores in many states, cities and counties have been forced to close, and the consumer has been encouraged to stay at home and only shop for necessary items. It now appears that things are beginning to break open, the consumer is starting to get out and retailers are going to have to aggressively go after every dollar they can get to cover lost sales.

The retail industry has lost their good spring selling season. Retailers are stuck with two seasons of merchandise. Now they must reopen with a strong sale and heavy advertising to generate customer traffic and raise a huge amount of cash. Out of season and over stocks need to be converted to cash while in season merchandise needs to be sold to make as much profit as possible. AND IT NEEDS TO BE DONE AS SOON AS POSSIBLE!

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