Understanding the Retail Industry Life Cycle and Quitting Business Strategically Retail Life Cycle In fact, if facilitated correctly, it can actually be more profitable than selling as an ongoing business, but also more rewarding. All businesses – for a variety of reasons – will eventually come to the end of their retail life cycle. The …
the Perfect Exit Strategy for Closing or Selling a Failing Retail Business Business Exit Strategy I’ve had many potential clients schedule a free, private consultation to discuss their failing business’s exit strategy with me. And it never ceases to amaze me the volume of people that are kicking the tires of a full blown liquidation …
Is a Retail Liquidation Sale on your mind? How to run an Inventory Liquidation Sale? Over the past 20+ years of being the go to guy for independent retail store liquidation I’ve seen and heard it all. One of the most frequent questions I always get asked is why do some retailers choose to hire …
What to tell employees and how to keep your staff in place when closing a business? What to say when Closing a Store? When a retailer embarks on a wall-to-wall business closing sale one of the main concerns he or she has is this. How to keep the staff in place throughout the duration of …
What to tell employees when closing a business and how? Read More »
Thinking of Getting Out of Retail, Hire a Competent Store Liquidator Most retailers are good at what they do, or they wouldn’t be in business. They know how to run their businesses, and they know how to hold sales and other promotions, since they do it all the time. Because of that, they often think …
How a Top Ranked Business Consultant can prepare you for your final closing out sale? What does a Final Liquidation Sale mean? Whether to sell or liquidate – when a merchant is preparing for a high returns store closing sale, he or she must ensure that specific plans are already in place before the actual …
Preparations for a High Impact Going Out of Business Sale Read More »
What does a high impact store close out sale mean? Understanding a Closing Down Sale A business liquidation sale is unlike any other sale that an independent retailer will conduct. When it’s done, it’s done. Because of that, it has to be done with precision to be a success, especially if the retailer is seeking to …
Unprecedented stores closing in the US, digital disruption erupts in the retail industry Retail Store Closing Independent retail store owners had better be paying attention. Looking at the trends, analysts agree that 75K stores could shutter by 2026. Those are incredibly sobering numbers for retailers that have failed to see the clear trends in the …
Retail Stores Closing in the us, a Quick Insight Read More »