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GOB at Taylor's Furniture
June 7,
2012 by in UnCategorized 
By Home Furnishings Business in Retail Closings on June 8, 2012
Taylor's Furniture has held a going-out-of business sale at the Calais, Me., furniture store.
Profit Management Promotions conducted the sale, which generated two months worth of volume in the first five days; sold off the entire existing inventory; and generated a profit for the owners to invest in future opportunities.
Founded in 1958 by George Taylor Sr., Taylor's Furniture passed to his son, George Jr. and daughter-in-law after Taylor senior's death. George Jr. was a successful optometrist, so the duty of the store fell on the daughter-in-law. For three years, the couple pushed aside their dreams of traveling in order to carry on the traditions and responsibilities of running the family business.
When they made the decision to close the store, the Taylor's met with PMP to create an exit strategy that would leave the stores legacy in tact.