What is a consignment store?
A consignment store is a shop that sells goods on a client’s behalf. The shop owner retains ownership of the client’s item(s) until it sells or the duration of the consignment is reached . If the item(s) sells, the client is paid for his or her item(s) based on the prior agreed upon profit split. Many consignment shops vary in terms, conditions, and policies.
What is the difference between a thrift store and consignment store?
Thrift stores are typically donation driven and often focus more on quantity rather than quality. A consignment store, however, is almost the direct opposite. Because profits are often split between the store and client, consignment stores are markedly more selective in what they accept and market. Due to the ordinarily higher regard to quality and content, consignment stores can also have higher prices than a thrift store.
Where do you get your products?
While many consignment stores have varied agreements and sources that they utilize to fulfill their stock, we source products from the public, and by maintaining strong relationships with store managers, boutique owners, beauty bloggers, and liquidation companies.
Do you have sales or discounts?
Yes, and yes.We have sales in many forms through the year. However, our most popular sale is our “ $2 Sidewalk Sale”. We also have Ladies Night events , birthday events, and host thrift bus events. Our customers who sign up for our email and/or text or like our social media pages get coupons, first notice of all of our upcoming sales and events, and also sneak peaks at new arrivals and items.
How do you determine what you will accept?
While the criteria for acquisition varies and is at our discretion, we typically base our decisions and criteria on sales reports, current inventory count, and customer needs.
How do you determine the amount you pay?
While there are several contributing factors, our typical measure is based on the season of the item, item condition, item popularity, and current store stock and inventory.