Store Closing, Small retailers, retail consulting
The 4th Quarter - The Best Time To Close Your Store
Sep/22/2009 09:59 Filed in: Store Closing
Sale
The
last three months of the year is the best time to
conduct your store closing sale if your goal is to
maximize your return on investment. This is
especially true this year with the current recession.
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.
• 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.