You Can’t Sell From an Empty Wagon (Part 1 of 2)
This age old credo is still true and retailers of all types are bound by this principle. For most retailers, it is a matter of locating and
How to turn a $500K thrift store into a $272K one that barely breaks even
First, you take the 20% of the inventory that makes up 80% of the stores sales (the best of the best donations) and flat price
Identifying your Customers
One of the most valuable pieces of information to a successful retail operation is to know your customer. Retail chains spend millions of dollars developing
Do your employees know why they do what they do?
It’s easy to assume most of your employees would give a quick answer to this question. In fact, some of your employees might be offended
Why does your thrift store exist?
The WHY question is an important question in any business, be it for-profit or not-for-profit. And it is especially true in the ministry-owned thrift store