Quiltingboard Forums - View Single Post

09-08-2010, 06:27 AM

#29

Quiltzilla

Senior Member

Join Date: Feb 2010

Location: Texas (Transplanted from Ohio 2006)

Posts: 766

Quote:

Originally Posted by crashnquilt

It is a really bad catch 22 situation. People that follow the magazines really want the current fabric lines but if the store is mostly selling close outs then they get the reputation of "selling old fabric" and that rumor will kill a shop super fast.

This is one of the reasons for pushing fabric out the door, by using closeout pricing, when it has been in the shop for nearly a year. Even though the shop makes no profit from the closeout sale, and is losing money on its balance sheet, it makes room on the shelf for the newest fabrics and it supplies money need to buy those new fabrics for the shop.

Selling 'perfectly good' fabric at closeout prices just because it's a year old seems crazy to me but, it's part of the quilt shop business. After all, if you look at a five year old quilt, can you tell which fabrics were new that year and which were not?

Reply