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Sunday, January 20, 2008

Retail recession

While watching the news, the word recession is mentioned over and over again. Retail analysts also use negative economic terms to describe the condition of the current retail environment.

It is a shame to note that during trying economic times, some businesses attempt to take advantage of small business owners. Boutiques with overstocks often take the quick route of selling all of their overstocks for pennies on the dollar.

During the last 22 years, My Overstock Boutique (a Stock Exchange spin-off business) has assisted small business owners with boutique quality overstocks. Our system is based on a consignment agreement that offers boutiques the chance to get back up to 25% of retail prices.

Our philosophy is that when partnering with specialty boutiques, we create a stronger retail system that not only supports the original boutique, but the resulting Overstock Boutique business as well.

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