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Rug Store Closing: "Pulling a Roscoe" & the 'Blonde' Temptation

 

"What goes up, must come down."

 

Rug Store Going Out of BusinessAnd the same can be said for businesses too.  Showroom retailers are finding it difficult to compete with the online marketplace.  On the main avenue of our office, what were once brightly lit showrooms have turned the lights out:  Blank interior walls & masking taped signs stating "Retail space for lease" now substitue what were once glorious window displays.  Sometimes, it's just the nature of doing business....

Some attribute it to 'competition', others just simply cannot survive in "the current market situation." 

Our suggestion is the following for Retailers:  Whether you're breaking even, or getting by on the skin of your teeth, it's worth looking into the filings of "going-out-of-business" (GOB) sales.  Check with your local town & state laws to ensure proper filings have been made.  You don't want your business to suffer unnecessarily from these "GOB" sales. 

Buyers: Reputation of a seller does not necessarily promise "a bargain."  Many GOB sales are actually managed by outside professionals who assist in both marketing & trucking in inferior goods.  Carefully consider "all sales final," and feel free to bring any potential purchase to our Rug Forum for input.  Don't let them pull the wool over your eyes with a "Roscoe." (as seen on TheRugHub.com)

 

 

 

 

 

Sources:

http://www.readthehook.com/blog/wp-content/uploads/2009/02/news-rugdepot.jpg

http://www.flickr.com/photos/kellie_megnin/3298313056/

http://www.therughub.com

 

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