A store has many choices in distributing goods when going out of business. Not all clothing is on consignment, only those goods that are specialty items.
Most small businesses have to pay up front for merchandise from wholesalers because the small store doesn't have the volume to warrant a credit account. Therefore, they generally can't return the clothing to the manufacturer. Sometimes there are exceptions.
The owner and his bank want to get the most out of what is left, that is why most stores have a "Going out of Business" sale. They are trying to recoup their losses. Even the display units are usually sold.
Then other similar small business can come in and select batches at reduced cost for their businesses.
The remainder can be used by family and friends, then the very end items are often given to homeless shelters and charity organizations.
2006-08-01 04:01:58
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answer #1
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answered by Ding-Ding 7
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A store which went out of business here used United Way as a donation source, which, in turn, donated it to their Gifts In Kind members. When the stores donate it, they can write off the fair value, which is usually a better deal for the business than trying to go through the trouble of listing it and dealing with the divestment of it. In the case of using an organization like United Way, they take care of all of those arrangements, stafing, transport, etc.
2006-07-30 23:04:07
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answer #2
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answered by mahleezah 7
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I'd go with consignment or charity as the others. If you meant where specifically, you can check online for consignment shops or I know of a great store that does SOME sales on consignment called "Alex." It's near GW.
2006-07-27 14:16:35
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answer #3
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answered by cmc1217 2
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some non profit organation or to a used clothing store that way they can get some money back.
2006-07-24 15:24:40
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answer #4
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answered by lcayote 5
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