Pricing to Value Is Like Eating Trail Mix

Of all the content produced by SMCo Thrift, this topic is likely the one that can have the greatest, and most immediate, impact on the profitability of your thrift operation. Second only to an abundant supply of donations, pricing to value your donated items is vital to the growth of your organization. Thrift Stores 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 those items with similar items. Price all shirts at $3.99 and all pants at $4.99 rather than pricing them for a 1/3 of  normal retail prices. This step reduces what the items […]