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Retailers Forum Magazine December 2023 EMAG

Monthly magazine for independent retailers, retail store owners and online stores. Every issue features interesting articles on how to start or expand your business along with news of the retail industry. In every issue we have ads from the country's leading wholesale merchandise sources where you can buy from to stock up your store or order goods to sell online. Visit our full site with 1000's of free articles and specials - all free at www.RetailersForum.com

Monthly magazine for independent retailers, retail store owners and online stores. Every issue features interesting articles on how to start or expand your business along with news of the retail industry. In every issue we have ads from the country's leading wholesale merchandise sources where you can buy from to stock up your store or order goods to sell online. Visit our full site with 1000's of free articles and specials - all free at www.RetailersForum.com

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etailers<br />

VOL. 43 NO. 08<br />

DECEMBER <strong>2023</strong><br />

Our <strong>2023</strong><br />

Holiday Buying<br />

Guide<br />

Connecting Wholesalers and <strong>Retailers</strong> Since Since 1981 1981


OHIO<br />

KNIFE<br />

wholesale distributor<br />

909 EAST WAYNE STREET, SUITE 119 • CELINA, OH 45822<br />

Visit Our Website:<br />

www.OhioKnifeSales.com<br />

Apply for Dealership Online<br />

PHONE: 419.549.8200<br />

KNIVES • SWORDS • SHARPENERS • ACCESSORIES • HUNTING BLINDS & MORE<br />

FREE Shipping on your First Order of $ 100.00 or More When You Mention This AD!<br />

Warehouse Full • Order by 2:00pm Eastern time • Ships Same Day!<br />

OKC - M9 Bayonet & Scabbard - Black<br />

$<br />

117.36<br />

Bubba Blade-BB1-7F 7 Inch-Tapered Flex<br />

$<br />

38.12<br />

Smith & Wesson BSPECLS - Large Special Ops<br />

Liner Lock M.A.G.I.C. Assist... $ 18.99<br />

Stainless Steel Pliers<br />

8.5 inch... $ 39.87<br />

Smith & Wesson 3 Pack 8 inch<br />

Throwing Knives... $ 13.19<br />

OKC-705 5-Pc. Cutlery Set $ 39.59<br />

OKC-Spec Plus Alpha Survival<br />

$<br />

18.99<br />

Bubba Multi-Flex<br />

Interchangeable Blade<br />

$<br />

72.46<br />

KB0019-Kabar BK19<br />

$<br />

86.33<br />

Smith & Wesson 3 Piece Camping<br />

Set with Sheath... $ 21.99<br />

SOG-TACTICAL<br />

TOMAHAWK<br />

$<br />

34.75<br />

SOG<br />

FASTHAWK<br />

$<br />

35.49<br />

ColdSteel - B6254 - Big Boar Blowguns - 4 Foot Blowgun<br />

$<br />

SOG-SOGFARI - 13” MACHETE... $ 21.84<br />

24.89 ColdSteel<br />

Drop Forged Hunter... $ 34.56<br />

Schrade Old Timer Splinter Carvin<br />

Knife Traditional Pocket Knife<br />

$<br />

16.39<br />

IS9WD<br />

Italian Style Stiletto 9”<br />

Wood Handle<br />

$<br />

11.97<br />

Schrade Little Ricky Full Tang Drop Point<br />

Re-Curve Fixed Blade Knife... $ 32.99<br />

SCIMP165<br />

Schrade Imperial 165<br />

$<br />

5.64<br />

E37T-K-SOG E37T-K... $ 66.25<br />

Generational USA Sharpfinger 152OTG<br />

$<br />

56.24<br />

LNGELBKD-Lightning Elite Black Handle Drop Point<br />

$<br />

20.99<br />

KB0041-Kabar BK41<br />

$<br />

32.51<br />

SOG-KEYTRON - SATIN, STRAIGHT<br />

$<br />

16.54<br />

T979BL<br />

Mini OTF T979-BL<br />

$<br />

7.69<br />

CALL FOR SPECIAL PRICING DEALS!<br />

WE are a full line distributor for all the many brands we carry.<br />

We also have a full complement of Cold Steel Blowguns and Accessories.<br />

NEW PRODUCTS ADDED WEEKLY • LIMITED QUANTITIES ON ALL SALE ITEMS<br />

Page 2 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

Want More Info? Circle #04 on page 11 • www.Vendor411.com


TOP QUALITY FASHION ITEMS<br />

Clothing, Shoes, Bags and Accessories<br />

WOMEN’S DEPARTMENT<br />

Women Ethnic Floral<br />

Print Quarter Button<br />

Long Sleeve T-Shirt<br />

$ 13.99<br />

Solid Double<br />

Breasted Elastic<br />

Waist Lapel Long<br />

Sleeve Suit<br />

$ 28.79<br />

Women Striped Button<br />

Design Cotton Long<br />

Sleeve Blouse<br />

$ 14.39<br />

Stripe Print Drop Shoulder<br />

Long Sleeve Loose<br />

Sweater<br />

$ 9.25<br />

Women Solid Hollow Fringe<br />

Hem Loose Open Front<br />

Cardigan<br />

$ 5.50<br />

Estaablished in 2014. We<br />

have online fashion on a<br />

global scale & clients around<br />

the world. This is truly your<br />

1-Stop Shop for Fashion!<br />

Women Allover Vintage<br />

Floral Print Mid Waist<br />

Knit Pants<br />

$ 19.99<br />

Pure Color Mid Calf Hidden<br />

Heel Slip On Boots<br />

$ 8.93<br />

Women Various Patterns<br />

Denim Handbag<br />

$ 3.44<br />

Folded Bowknot Ankle Warm<br />

Winter Furry British Style<br />

Flat Boots<br />

$ 18.70<br />

Women Latin Dance Social Dance<br />

Square Dance Buckle Decor Soft<br />

Sole Sandals Dancing Heels<br />

$ 20.00<br />

Ladies Elegant Color Block Patchwork<br />

PU Leather Handbags Totes<br />

Shoulder Bags Crossbody Bags<br />

$ 8.09<br />

MEN’S DEPARTMENT<br />

Women Faux Leather Fashion<br />

Multifunction Solid Color<br />

Crossbody Bag Wallet<br />

$ 4.44<br />

Men’s Figure Graphics Side<br />

Print Drawstring Waist Street<br />

Cuffed Pants<br />

$ 11.20<br />

Men’s 100% Cotton Breathable<br />

Drawstring Elastic Waist Sport<br />

Jogger Pants<br />

$ 5.60<br />

Men’s Non Slip Soft<br />

Loafers Comfy Slip On<br />

Casual Driving Shoes<br />

$ 8.00<br />

Men’s Plain Chenille Knit Stand<br />

Collar Zipper Warm Cardigans<br />

With Pocket<br />

$ 8.60<br />

Men’s Knitted Fabric<br />

Air-cushion Shock Absorption<br />

Running Shoes<br />

$ 15.50<br />

Men’s Smile Slogan Print<br />

Patchwork Ethnic<br />

Short Sleeve T-Shirts<br />

$ 11.24<br />

Men’s Letter Floral Print Crew<br />

Neck Short Sleeve T-Shirts<br />

$ 11.24<br />

WE HAVE HUGE INVENTORY - FREE SHIPPING ORDERS OVER $69.99<br />

- NO MINIMUM ORDERS - ALL CREDIT CARDS ACCEPTED -<br />

www.1StopWholesale.com<br />

Want More Info? Circle #01 on page 11 • www.Vendor411.com RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 3


Fine Jewelry at Incredible Prices<br />

CHAINS<br />

Curb Chains<br />

Figaro Chains<br />

Mariner Chains<br />

Rope Chains<br />

Link Chains<br />

RINGS<br />

Promise Rings<br />

Fancy Rings<br />

Fashion Rings<br />

Pearl Rings<br />

Flower Rings<br />

OPEN YOUR<br />

OWN BRIDAL<br />

BOUTIQUE<br />

ENGAGEMENT RINGS<br />

Ring Sets<br />

Sings w/Side Stones<br />

3-Stone Rings<br />

Princess Cut<br />

Largest<br />

Assortment of<br />

High Quality<br />

14K-18K Gold<br />

and<br />

Sterling Silver<br />

Collections<br />

PENDANTS<br />

Crucifi x<br />

Heary<br />

Zodiac<br />

Sports<br />

Gemstone<br />

MEN’S<br />

RINGS<br />

Wedding Rings<br />

Chain Necklaces<br />

Bracelets<br />

Accessories<br />

www.JewelryMiners.com<br />

Check out our<br />

Special Sales -<br />

Discounts to 75%<br />

No Minimum<br />

Order - 20 Years<br />

Experience<br />

Page 4 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

QUALITY • TRUST • SERVICE


This is a Buying Guide for<br />

RETAIL STORE OWNERS<br />

Presented within the pages are the latest offerings from the country’s<br />

leading merchandise wholesalers. The advertisers herein sell strictly<br />

wholesale and require that you purchase with the intent of reselling<br />

through retail channels.<br />

HOW TO USE THIS DIRECTORY<br />

☛ Locate the products that interest you.<br />

See our product directory located on<br />

pages 6 & 7.<br />

☛ Make direct contact with advertiser.<br />

Most will have catalogs and price lists<br />

for you.<br />

☛ Order your merchandise, which will be<br />

shipped directly to your store.<br />

CLICK ON BANNERS<br />

IN SELECT ADS<br />

Want More Info? Circle #09 on page 11 • www.Vendor411.com<br />

TO GET FREE CATALOGS/PRICING<br />

FORUM PUBLISHING COMPANY<br />

383 East Main Street, Centerport, NY 11721<br />

www.<strong>Retailers</strong><strong>Forum</strong>.com<br />

CONTACT US:<br />

TEL: 1-800-635-7654<br />

FAX: 631-754-0630<br />

Email: <strong>Forum</strong>Publishing@gmail.com<br />

RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 5


Sell to over 60,000<br />

stores through <strong>Forum</strong><br />

631/754-5000<br />

DRESS UP FOR<br />

PROFITS!<br />

Every Day’s A Treat!<br />

RS with a<br />

COSTUMES ARE YEAR ‘ROUND MONEY MAKERS!<br />

WHOLESALE<br />

100’S IN STOCK<br />

Costume Club<br />

All Occassions<br />

Fast Same Day Shipping<br />

Flat Rate Delivery<br />

Solution<br />

www.USACostumers<br />

See NEW our USACostumers.com<br />

with ad on COOLING page Technology 20<br />

Light Up Without<br />

Lighting Up!<br />

LLOWS - 25% of body weight is on the pillow,<br />

getting Full the Service right Wholesaler pillow • We Ship Worldwide<br />

• LOGIC Disposables • WHOLESALE<br />

Kits<br />

• E-Liquids<br />

with a new mattress<br />

• Atomizers<br />

will<br />

• E-Cig<br />

improve<br />

Batteries •<br />

sleep<br />

E-Cig Accessories<br />

see our ad on page 71<br />

OMFORTERS<br />

H2 E-Cig Round<br />

Mouth Atomizer<br />

$1.85<br />

Electronic<br />

Cigarettes<br />

Clara Clark Collection<br />

Sales<br />

in<br />

Slumber<br />

5mL Bottle<br />

E- Liquid E-Juice<br />

for E-Cig $1.30<br />

E-Case w/2<br />

Cigarettes + 1 USB<br />

Charger $10.50<br />

E-Cig kit Includes 1 cig,<br />

10cartridges, Wall, USB,<br />

Car Chargers $6.50<br />

Round Mouth E-Cig<br />

3.5ml Atomizer Set<br />

w/Coil Heads $3.83<br />

BLING IT ON!<br />

HipWholesale.com<br />

See our ad on Page 39<br />

SMALL<br />

BUSINESS a mattress without a<br />

mattress protector<br />

CONSULTING<br />

<strong>Forum</strong>BA.com<br />

Ad on Page 36<br />

SHISHA Zero<br />

Nicotine Disposable<br />

E-Cig $3.45<br />

www.Lightecig.com<br />

see our ad on Page 15<br />

We Dropship - Distributors WanteD • Scroll website bottom - Click on WHoLESALE<br />

SNEAKY<br />

SHEETS<br />

SAVINGS<br />

- 73%<br />

ON<br />

of customers<br />

SNEAKERS<br />

that purchase a new mattress<br />

will buy a new sheet set within<br />

the next 3 days, give them all<br />

they need!<br />

See Our Ad on Pg 43<br />

MATTRESS<br />

PROTECTOR<br />

You wouldn't sell a car<br />

without insurance. Don't sell<br />

Does anybody<br />

read these?<br />

CALL 631-754-5000 and<br />

you’ll get a FREE 3-mo.<br />

subscription!<br />

ark catalog today!<br />

Congratulations to<br />

845.533.4590<br />

BRING ON THE HEAT<br />

Asharoken, NY<br />

cs@sanderscollection.com<br />

ADVERTISERS INDEX<br />

PLEASE PATRONIZE THE LEADING WHOLESALERS<br />

WHO ADVERTISE IN RETAILERS FORUM MAGAZINE<br />

THE TRUSTED BUYING SOURCE FOR RETAIL STORES!<br />

DECEMBER <strong>2023</strong><br />

ADVERTISING<br />

FORUM AD RATES .......... 09<br />

APPAREL<br />

1 STOP WHOLESALE. ........ 03<br />

BOUTIQUE CLOSEOUTS ...... 21<br />

CLOTHINGWARE ............ 69<br />

DD BULK ................... 62<br />

FASHIONABLE SALES. ....... 53<br />

FLIRTY WHOLESALE ......... 44<br />

HEAVENLY SUITS ............ 18<br />

SCARF WAREHOUSE. ........ 87<br />

STYLE IN FASHION .......... 18<br />

STYLISH PLUS .............. 41<br />

T SHIRT REP ................ 79<br />

UIN DEALS ................. 77<br />

USACOSTUMERS.COM ....... 28<br />

ASSORTED ITEMS<br />

AUCTION FINDER. ........... 42<br />

BEAN WHOLESALERS ....... 26<br />

CLOSEOUTS FOR SALE ...... 27<br />

DINO DROPSHIP. ............ 63<br />

DOBA DROPSHIP ............ 49<br />

EVERYTHING CLOSEOUTS. ... 68<br />

EZ DROPSHIP ............... 32<br />

FIND IT ASIA ................ 86<br />

HEAVENLY WHOLESALE. ..... 56<br />

MEGA UBID ................. 54<br />

RAMSONS IMPORTS ......... 19<br />

SWEET WHOLESALERS .. BACKCOVER<br />

TOP TEN WHOLESALE ....... 85<br />

BOOKS<br />

AUCTION BOOK ............. 84<br />

BUYERS CONTACTS ......... 89<br />

CLOSEOUT DIRECTORY ...... 82<br />

HIDDEN WEALTH ............ 80<br />

TRADE PUBLICATIONS ..... 90-96<br />

CANDY<br />

SWEET WHOLESALERS ... BACKCOVER<br />

CELLULAR<br />

CELLCITY.BIZ ............... 75<br />

WHOLE-CELL ............... 47<br />

COLLECTIBLES<br />

PATTER’S COLLECTIBLES .... 20<br />

SIMRAN INTL ............. 22/23<br />

COMPUTERS<br />

REFURB SHOPS. ............ 38<br />

CONSUMER ELECT.<br />

FIND IT CHINA. .............. 37<br />

SURPLUS GIANT ............ 13<br />

CREDIT CARD<br />

PROCESSING<br />

EXP MERCHANT. ............. 33


#1<br />

BUYING GUIDE<br />

FOR RETAIL STORES!<br />

DISPLAY/SUPPLIES<br />

& SERVICES<br />

AVVO ADVISORS ............ 58<br />

CC WAREHOUSE ............ 83<br />

E-STORE BUILDERS ......... 28<br />

E STORE SIGNS ............. 43<br />

E-STORE SITES ............. 40<br />

FB CAMPAIGNS ............. 74<br />

FORUM ADVISORS. .......... 36<br />

KWIK INC. .................. 76<br />

PAYROLL HELPER ........... 46<br />

PROTECTION PLANS. ........ 34<br />

SALES GROUP BAGS ........ 64<br />

SETON SIGNAGE ............ 81<br />

VACATION PROMO. .......... 78<br />

WHOLESALESOURCES.COM ....<br />

. . . . . . . . . . INSIDE BACK COVER<br />

DROPSHIPPERS<br />

DINO DROPSHIP. ............ 63<br />

DOBA DROPSHIP ............ 49<br />

EZ DROPSHIP ............... 32<br />

E-CIGARETTES &<br />

SMOKE SHOP ITEMS<br />

3’x5’Embroidered Flags $14.00 Each<br />

LIGHT E CIG ................ 29<br />

View our 148 page Catalog online !<br />

www.RIOhio.com<br />

LOGIC WHOLESALE ......... 71<br />

USA VAPE DEALS ........... 57<br />

Hat Pins $6.00 dz<br />

$36.00 dz<br />

$36.00 ut 72 pcs<br />

Garden Flags<br />

48.00 dz<br />

Playing Cards<br />

HEALTH & BEAUTY<br />

Garden Flags<br />

$18.00 dz 12”x18” Metal Signs<br />

$48.00 dz<br />

$5.50 Each<br />

Metal Signs<br />

$5.50 Each<br />

Tri-Fold<br />

$5.00 Each<br />

Belt Buckles<br />

$36.00 dz<br />

FOOTWEAR<br />

$21.00 dz<br />

$9.00 dz<br />

$24.00 dz<br />

3’x5’Embroidered Flags<br />

$21.00 dz<br />

$14.00 Each<br />

$18.00 dz<br />

5” Patches $36.00 dz<br />

SNEAKER CLEARANCE ...... 35<br />

HANDBAGS<br />

$39.00 dz<br />

$18.00 dz<br />

Leather Wallets $5.50 each<br />

BAG CLOSEOUTS ........... 61<br />

BAG VENDORS. ............. 24<br />

CORIUM 21 LLC ..............18<br />

Patches $18.00 dz<br />

WindSocks<br />

$48.00 dz<br />

Min.Order<br />

$150.00<br />

Metal Sign<br />

$4.75 each<br />

$48.00 dz<br />

$4.50 Each<br />

$42.00 dz<br />

Metal Plates<br />

$27.00 dz<br />

8” x 12” Metal Signs<br />

$39.00 dz<br />

Leather Bracelet $18.00 dz<br />

1ut/5 dz Mood Rings $33.00 unit<br />

Metal Sign<br />

12”X18” $5.75 Each<br />

12”x18” Metal Sign $5.25 each<br />

$36.00 ut/72pcs<br />

$15.00 dz<br />

Stylish & Fashionable<br />

Fashions<br />

from Around<br />

the World<br />

$6.00 dz Hat Pins Also<br />

See our Ad on Page 18<br />

sold by the<br />

Gigantic dozen! Selection<br />

of Variety Goods<br />

$15.00 dz<br />

36 pcBiker Ring<br />

$24.00 dz<br />

SPECIAL FEATURES Best Friend Necklace<br />

RAMSON’S<br />

$39.00 unit<br />

$24.00 dz/sets<br />

See our Ad on Page 19<br />

$7.00 Each<br />

Belt Buckles<br />

$36.00 dz<br />

3pc Magnet<br />

$5.25 Each<br />

$15.50 Each<br />

$4.00 each<br />

Magnets 3”x8” $18.00 dz $30.00 dz 8” x 12” Parking Sign $18.00 dz<br />

RC VARIETY ................ 55<br />

Belt Buckles<br />

$42.00 dz<br />

HOME & HOUSEWARE<br />

CLARA CLARK .............. 05<br />

DAKOTA STEEL ART .......16/17<br />

MERCHANDISE REP ......... 26<br />

RUG PROFITS. .............. 31<br />

RUSH SUPPLIERS ........... 60<br />

JEWELRY/ACCESSORIES<br />

BLING WHOLESALER .............59<br />

BODY CANDY HQ .................67<br />

BUND JEWELRY. .................65<br />

HIP WHOLESALE .................39<br />

JEWEL CLEARANCE ..............50<br />

JEWELRY MINERS ................04<br />

SHAKE WHOLESALE. .............48<br />

SIMRAN INTL ............... 22/23<br />

UNIVERSE WHOLESALE ...........51<br />

12” Metal Signs<br />

$5.00 Each<br />

NOVELTIES<br />

CARTOON CONCEPTS ....... 70<br />

COOL GLOWING. ............ 73<br />

NOVELTY SELLER ........... 25<br />

PPE SUPPLIES<br />

PPE STOCKROOM ........... 72<br />

R/C & TOYS<br />

SOARING RC. ............... 66<br />

FORUM WORKSHOP ......... 30<br />

READER RESPONSE ......... 11<br />

RETAILING NEWS. ........... 14<br />

WHAT’S HOT ................ 12<br />

SPORTING GOODS<br />

OHIO KNIFE. .................02<br />

WATCHES & CLOCKS<br />

TIME WHOLESALERS ........ 45<br />

WATCH DEALERS ........... 20<br />

WEDDING ITEMS<br />

SMARTEST BARGAIN ........ 52<br />

WELCOME NEW READERS!<br />

Advertise in<br />

See Page 9<br />

BUSINESS BOOKS<br />

www.BizBooks.org<br />

STYLE IN FASHION<br />

DROPSHIP TO PROFITS!<br />

Tri- Color Necklace $18.00 dz<br />

1000’s of Items<br />

See our ad on Page 49<br />

WHOLESALERS:<br />

Increase Your Sales<br />

By Advertising Here!<br />

631-754-5000<br />

WIND SPINNERS<br />

Sells Like<br />

A Breeze!<br />

DAKOTA STEEL<br />

See Our Ad on Pgs. 16/17<br />

VISIT FORUM ON<br />

THE INTERNET<br />

View our latest books at<br />

www.bizbooks.org<br />

WE HAVE BUYERS<br />

Databases for ALL Industries<br />

www.BuyersContacts.com


ADVERTISING INFORMATION<br />

www.retailersforum.com<br />

VOL 28 NO. 2<br />

JUNE 2008<br />

MARKETING TIPS!<br />

MERCHANDISE SOURCES<br />

RETAILING TIPS<br />

SELL LIKE AN<br />

EGYPTIAN!<br />

Reach Active Buyers with our Print Readership<br />

Plus over 265,000+ Page Views Monthly Online<br />

✔ Apparel and Accessory Stores<br />

✔ Card and Gift Stores<br />

✔ Discount and Dollar Stores<br />

✔ Distributors and Jobbers<br />

✔ General Merchandise Stores<br />

✔ Internet On Line Stores<br />

✔ Mail Order Catalog Sales<br />

✔ Novelty and Toy Stores<br />

✔ On Line Stores<br />

✔ Resort and Souvenir Stores<br />

✔ Sporting Goods Stores<br />

✔ Variety Merchandise Stores<br />

✔ Wholesalers<br />

ESTABLISHED IN 1981 as a buying source for store<br />

owners and wholesalers, <strong>Retailers</strong> <strong>Forum</strong> offers advertisers<br />

a large national circulation to showcase their products<br />

and services. Many of our readers are located in rural<br />

areas where access to merchandise is difficult, making our<br />

magazine indispensable to their buyers.<br />

Through our unique direct mail and trade show<br />

circulation we constantly rotate our mailing lists, adding<br />

new stores monthly enabling us to deliver new, fresh<br />

buyers each and every month you advertise with us.<br />

In addition to your print ad, your company will be<br />

featured in our digital on line monthly version at<br />

www.RFmagazine.com. Our online magazine produces<br />

over 265,000+ page views monthly for our advertisers,<br />

which is in addition to our print and mail distribution.<br />

Your online ad will link to your website and email<br />

address and we provide unlimited transfers from our<br />

readers into your website 24/7.<br />

FORUM PUBLISHING COMPANY<br />

383 East Main Street, Centerport, NY 11721<br />

www.<strong>Retailers</strong><strong>Forum</strong>.com<br />

CONTACT US:<br />

TEL: 1-800-635-7654<br />

FAX: 631-754-0630<br />

Email: <strong>Forum</strong>Publishing@gmail.com<br />

Page 8 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


etailers<br />

ADVERTISING RATES<br />

AD SIZE 1 ISSUE 3 ISSUES 6 ISSUES 12 ISSUES<br />

1⁄8 Page $400 $300 $275 $250<br />

¼ Page $525 $425 $400 $350<br />

½ Page $625 $525 $500 $450<br />

Full Page $850 $750 $700 $650<br />

2 Pages $1,350 $1,250 $1,150 $1,050<br />

Prices shown per month, above rates include full color printing<br />

ADVERTISING SPECS<br />

1⁄8 Page: 2¼" high x 3¼" wide<br />

¼ Page: 4‚" high x 3¼" wide<br />

½ Page:<br />

Full Page:<br />

Email or provide CD of ad in exact dimensions as JPG, TIF or preferred<br />

PDF format in CMYK color, 300 dpi resolution only<br />

✔ Monthly print and mail magazine<br />

✔ Online magazine and search marketing<br />

✔ Distribution at top trade shows<br />

4‚" high x 7" wide or<br />

9½" high x 3¼" wide<br />

9½" high x 7" wide<br />

FULL MARKETING PROGRAM INCLUDED >><br />

Printed <strong>Magazine</strong><br />

• Your ad is featured in our<br />

printed magazine circulated to<br />

buyers across the USA. Includes<br />

distribution at industry’s top trade<br />

shows.<br />

Complete Digital <strong>Magazine</strong><br />

• Your ad runs on-line at<br />

www.RFmagazine.com<br />

• Over 265,000+ monthly<br />

page views<br />

• Active link to your website<br />

Phone APP<br />

• Your company included in our free<br />

iPhone and Android APP. Imagine<br />

YOUR company right<br />

on the buyers phones!<br />

Reader Response<br />

• Generates leads from buyers interested<br />

in your products through a<br />

code placed in<br />

your ad and on-line at<br />

www.vendor411.com. Free for<br />

all half and full-page ads.<br />

Search Marketing<br />

• Your company included in the<br />

industry’s leading search engine:<br />

www.supplier411.com<br />

• Saturation marketing coverage on<br />

our new wholesale portal: www.<br />

wholesalesources.com<br />

TOP INDUSTRY TRADE SHOWS <strong>2023</strong><br />

JANUARY<br />

Atlanta Gift Fair<br />

Los Angeles Market Week<br />

Philadelphia Gift & Variety Show<br />

Seattle Gift Show<br />

The Merchandise Center, IL<br />

FEBRUARY<br />

ASD Marketplace Las Vegas Show<br />

Louisville Gift Show<br />

Magic Sourcing Show<br />

New York Toy Fair<br />

Off Price Specialist Show<br />

Rocky Mountain Gift Show<br />

MARCH<br />

Atlanta Spring Gift Show<br />

California Marketplace<br />

Dallas Apparel & Accessories Show<br />

Greensboro Gift & Jewelry Show<br />

The Merchandise Center, IL<br />

APRIL<br />

Hawaii Merchandise Expo<br />

The Merchandise Center, IL<br />

MAY<br />

Las Vegas Licensing Show<br />

New Orleans Gift & Jewelry Show<br />

Northern Michigan Gift & Souvenir Show<br />

Off Price Show NY TBD<br />

The Merchandise Center, IL<br />

JUNE<br />

Dallas Gift & Variety Show<br />

Greensboro Gift & Jewelry Show<br />

LA Fashion Market<br />

JULY<br />

Atlanta Gift & Home Furnishings<br />

California Marketplace<br />

Philadelphia Gift & Variety Show<br />

The Merchandise Center, IL<br />

AUGUST<br />

ASD Market Week<br />

Biloxi Wholesale Show<br />

Louisville Gift Show<br />

Off Price Specialist Show<br />

New Orleans Gift & Jewelry Show<br />

Rocky Mountain Gift Show TBD<br />

St. Louis Gift Show<br />

SEPTEMBER<br />

Asia America Wholesale Show<br />

Dallas Home & Gift Show<br />

Greensboro Gfit & Jewelry Show<br />

Hawaii Gift Show<br />

Norton’s Gift & Variety Show<br />

Philadelphia Candy & Gift Show<br />

The Merchandise Center, IL<br />

OCTOBER<br />

Dallas Apparel & Accessories Show<br />

Las Vegas Souvenir & Gift Show<br />

The Merchandise Center, IL<br />

NOVEMBER<br />

Gatlinburg Gift Show<br />

Hawaii Merchandise Expo<br />

New Orleans Gift & Jewelry Show<br />

Smoky Mountain Variety<br />

DECEMBER<br />

Grand Strand Gift & Variety Show<br />

Greensboro Gift & Jewelry Show<br />

The Merchandise Center, IL<br />

Our Large Holiday Issue Hits The Mails Before Thanksgiving to<br />

Maximize Advertisers Results!<br />

We provide physical magazines at shows or email free<br />

digital magazine to attendees using Attendee database lists.<br />

* Show schedules are subject to change without notice.


From the<br />

PUBLISHER<br />

The Final Holiday Sales Push<br />

AS retailers, <strong>December</strong> is the month<br />

that we have all dreamed of. The<br />

culmination of our dreams and hopes<br />

of doing a booming holiday business is<br />

at hand. There is nothing more exciting<br />

than having geared up for holiday sales<br />

and reaping the rewards of your hard<br />

work and marketing skills.<br />

EVEN the most seasoned retailer<br />

cannot help but feel the excitement<br />

of the season. I have always likened<br />

this season to a horse race. You know<br />

you will eventually pass the finish line,<br />

but in what place? How large will the<br />

payoff be? It’s enough to keep all of us<br />

on the edge of our sleighs!<br />

THE success that we will all achieve<br />

this season has been very well deserved.<br />

We have been through, and continue to<br />

endure some rough market conditions.<br />

The ups-and-downs of the economy,<br />

stagnant wages and high inflation<br />

coupled with overseas conflicts has<br />

affected all of our businesses and lives.<br />

No matter what, we will persevere and<br />

cross that finish line.<br />

AT this time of year, it is so<br />

meaningful for all of us to take stock<br />

in our business and personal lives and<br />

be thankful for the blessings that we<br />

all have. The retailers and wholesalers<br />

in our industry are a special group. We<br />

>> ON-LINE SOURCING<br />

realize the challenges and changes in<br />

our marketplace and react quickly and<br />

adapt to them. In the electronic age<br />

our industry changes faster than ever<br />

before as fads are broadcast around the<br />

world in record time. In the old days<br />

it would take time for hot items to go<br />

from the west coast to east coast. No<br />

longer. Fads fade in and out faster than<br />

ever and we are constantly forced to<br />

reinvent the wheel to keep up.<br />

ENJOY your holiday. Revel in the<br />

sales you have made. The amount of<br />

income you have earned is a direct<br />

result of your effort and dedication you<br />

have given to your business. Soon, we<br />

can close down our stores for a quick<br />

holiday break, knowing that we have<br />

worked hard and made our customers<br />

and loved ones happy.<br />

ON behalf of our staff at <strong>Forum</strong><br />

Publishing, I would like to wish<br />

everyone a happy and healthy holiday<br />

season. We’re in our 43rd year of<br />

servicing the wholesale/retail industry<br />

and proud to serve such a strong and<br />

determined readership. We wish you<br />

the best for the upcoming year and<br />

have many surprises planned for the<br />

New Year and happy to have you be a<br />

part of it.<br />

The entire issue of<br />

<strong>Retailers</strong> <strong>Forum</strong> <strong>Magazine</strong><br />

is posted on-line at<br />

www.<strong>Retailers</strong><strong>Forum</strong>.com<br />

Includes: Website Links *<br />

E-Mail Links * Printable PDF’s<br />

ACCESS OUR MAGAZINE<br />

FROM ANYWHERE 24/7<br />

RETAILERS<br />

FORUM<br />

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OFFICE MANAGER<br />

Leah C.<br />

PRODUCTION<br />

Lisa Maresca-Smith<br />

CREDIT DEPARTMENT<br />

Kristine Hines<br />

CIRCULATION<br />

Discount Reading Svc.<br />

LITERARY STAFF<br />

Patricia Luebke<br />

Jason Meyers<br />

Rachel Spearman<br />

COLOR PRODUCTION<br />

Anchor Imaging<br />

PRINTING<br />

Composing Room<br />

ART DIRECTION<br />

Gregory Stevens<br />

Martin Stevens<br />

OVERSEAS OFFICE<br />

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Netherlands<br />

+31-23-531-90-22<br />

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42 Years<br />

1981-<strong>2023</strong><br />

RETAILERS FORUM is published monthly at $75/year USA,<br />

$125/year foreign.<br />

Entire contents copyright ©<strong>2023</strong> by <strong>Forum</strong> Publishing.<br />

Publisher assumes no responsibility for contents herein.<br />

First and third class postage paid at Centerport, NY. Bulk<br />

mail paid at NY, Brookfield, WI and Hooksett, NH under<br />

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etailers<br />

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APPAREL<br />

❑ All Advertisers in APPAREL<br />

❑ 14. Style In Fashion<br />

BUSINESS SERVICES<br />

❑ All Advertisers in BUSINESS SERVICES<br />

❑ 24. <strong>Forum</strong> Business Advisors<br />

COLLECTIBLES<br />

❑ All Advertisers in COLLECTIBLES<br />

❑ 03. Patter’s Collectibles<br />

CREDIT CARD PROCESSING<br />

❑ All Advertisers in CREDIT CARD PROCESSING<br />

❑ 68. EXP Merchant<br />

ELECTRONICS<br />

❑ All Advertisers in ELECTRONICS<br />

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Look For Reader Response Banner in Our ADS!<br />

Want More Info? Circle #00 on page 00 • www.Vendor411.com<br />

ADVERTISER INDEX<br />

GENERAL & VARIETY<br />

❑ All Advertisers in GENERAL & VARIETY<br />

❑ 07. Ramsons<br />

HEALTH & BEAUTY<br />

❑ All Advertisers in HEALTH & BEAUTY<br />

❑ 12. Corium 21 LLC<br />

HOME & HOUSE<br />

❑ All Advertisers in HOME & HOUSE<br />

❑ 23. Dakota Steel Art<br />

❑ 21. Sanders Collection<br />

JEWELRY<br />

❑ All Advertisers in JEWELRY<br />

❑ 09. Simran International<br />

SPORTING GOODS<br />

❑ All Advertisers in SPORTING GOODS<br />

❑ 04. Ohio Knife<br />

FREE INFORMATION REQUEST FORM:<br />

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E-Mail: ________________________________________________Tel _______________________ Fax ______________________<br />


WHAT’S HOT<br />

For more information, contact:<br />

www.SneakerClearance.net<br />

CHUCK 70 Colorblocked<br />

In Stock $ 35.60<br />

For more information, contact:<br />

www.BundJewelry.com<br />

For more information, contact:<br />

www.<strong>Forum</strong>123.com<br />

Tel: 1-631-754-5000<br />

Page 12 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

FOOTWEAR CLEARANCE<br />

SNEAKER Clearance has been advertising with us for many years and over the<br />

years many of our readers have augmented their income at their stores<br />

and websites by taking advantage of their special closeout deals on the<br />

country’s top footwear.<br />

THE industry is huge and very profitable when you have the right<br />

resources to stock up with. The buyers of sneakers tend to buy multiple<br />

items and with better frequency than any other merchandise. This means<br />

you will have steady business and great mark-ups when you buy from<br />

Sneaker Clearance.<br />

WITH over 20 years of buying experience and all of the top brands in<br />

the business, Sneaker Clearance will ring your register!<br />

THIS month’s special item is a great closeout deal they have on the<br />

Chuck 70 color blocked sneakers. They have a limited amount of units in<br />

stock at special deal of $35.60 a pair.<br />

JEWELRY DIRECT FROM FACTORY<br />

DID you ever think about working directly with an overseas factory to<br />

source your merchandise? Many of us have but the minimums were crazy<br />

high and most factories would not deal with you. That is until now! Our new<br />

advertiser, Bund Jewelry, is anxious to work with all size accounts in the USA<br />

to help them source their jewelry, beads and findings.<br />

BUND is a factory direct seller in China and offers special closeout deals<br />

$<br />

2.55<br />

Rose Gold Plated Alloy Letter Pendants,<br />

Rack Plating, Cadmium Free & Lead Free<br />

every week. They welcome all size orders and can even custom manufacture<br />

in small lots for you. For larger orders they have a wholesale department<br />

that will work with you to get the best goods at the sharpest pricing.<br />

WITH fast and affordable shipping around the world, this could be your<br />

best source of the year. They take all credit cards and have a very fair return<br />

policy as well.<br />

THIS month’s special deal rose gold plated letter pendants for just<br />

$2.55 each, all letters available in any quantity.<br />

BUY BELOW WHOLESALE<br />

NOW more than ever it is important to buy products at the sharpest possible<br />

prices so you can make more margins when you resell at your store or online<br />

site. With the costs of goods increasing so rapidly it is harder than ever to<br />

follow the double mark-up rule that was the gold standard or retailing. We<br />

have had to become much more competitive to make sales and part of that<br />

is not being able to get the mark-ups we need.<br />

THAT was until now! <strong>Forum</strong> Publishing has released the new<br />

CLOSEOUT DIRECTORY and Coursebook that lists (by merchandise<br />

category), companies that specialize in closeout priced goods. These are<br />

products that can be overstock, overruns, discontinued goods, store<br />

returns and product changes.<br />

CLOSEOUT merchandise can be bought 25-75% off regular wholesale<br />

prices and will improve your bottom line by mixing these goods into your<br />

lines. The Closeout Directory is just $29.95 in print or PDF versions.


Want More Info? Circle #08 on page 11 • www.Vendor411.com<br />

RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 13


RETAILING NEWS<br />

Claire’s Adds Kohl’s to Growing Partnership<br />

THE once chapter 11 and now returned Claire’s is adding to its growing retail presence through<br />

a new partnership with Kohl’s that will see an assortment of the brands, jewelry, accessories and<br />

cosmetics featured in Kohl’s stores in time for this holiday season.<br />

CLAIRE’S activation began rolling out early last month and will be live at around 700 Kohl’s stores<br />

across the country by the end of this month. Kohl’s joins Claire’s growing list of over 40 retail partners<br />

which include Macy’s, Toys R Us, CVS, DSW and at least 10 grocery partners around the country.<br />

SOME of the highlights of the Kohl’s rollout is attracting the Gen Alpha crowd with jewelry, hair<br />

accessories and cosmetics. A display targeting the more mature Gen Z audience will also feature<br />

those products. And finally, a display positioned near the checkout counter that will feature seasonal<br />

items as well as novelty products.<br />

CLAIRE’S growing presence in partner stores sits alongside its 2,750 owned stores worldwide, which<br />

include a store expansion in Europe and a next gen Parisian location that showcases its partnership<br />

with fashion designer Nicola Formichetti and V <strong>Magazine</strong>.<br />

FOR the last three years the 62-year-old brand has been undergoing a massive transformation<br />

effort to reintroduce itself to today’s younger consumers through metaverse interactions and the<br />

creation of their new loyalty program.<br />

TRULY, for those of us in this industry who have been around long enough, this is a prime example<br />

of what was old can become new again!<br />

Authentic Inks Deal with Shein for Forever 21<br />

AUTHENTIC brands has been extremely busy making deals with retailers from the past and<br />

now has announced a gigantic deal between Shein and Forever 21. Authentic has built a $30<br />

billion business that owns some 50 of the world’s best-known brands. This new arrangement with<br />

Shein, the global online fashion and lifestyle retailer, for its Forever 21 brand will have Shein design,<br />

manufacture and distribute a line of Forever 21 apparel and accessories. The collection will be sold<br />

exclusively online on Shein’s sites in the US as well as part of Europe and Australia.<br />

THIS deal comes shortly after the news that Shein had acquired about a third interest in SPARC<br />

Group, a joint venture between Authentic and Simon Property Group. SPARC is the core operating<br />

partner of Forever 21 in the US, At the same time, SPARC became a minority shareholder in Shein.<br />

WHILE the Forever 21 deal is seen as a potentially highly lucrative one, it is the start of something<br />

even larger. This is the start of building brands within an e-commerce platform.<br />

FOREVER 21 already operates a fleet of physical stores and has an online presence but this<br />

deal will bring the company onto the Shein platform, which boasts over 154 million users, There is<br />

amazing market penetration that will be achieved by this move.<br />

ALTHOUGH the deal is for online, it will be more far reaching because of Shein’s investment in<br />

SPARC. Shein installed a pop-up shop in the Forever 21 location in Ontario Mills in Ontario, CA and<br />

saw over 7,000 people walking through the space in it’s four-day stay, with comparable store sales<br />

up 62 percent over the prior year. To be sure, there will be more pop-ups and we will see many more<br />

old brands renew themselves in the near future.<br />

For Late-Breaking Industry News Visit: www.<strong>Retailers</strong><strong>Forum</strong>.com<br />

If It Affects Retailing We Report On It!<br />

Page 14 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


ENTICE Your CUSTOMERS with a<br />

COMPLETE Bedroom Solution<br />

NEW with COOLING Technology<br />

PILLOWS - 25% of body weight is on the pillow,<br />

getting the right pillow<br />

with a new mattress will improve sleep<br />

SHEETS - 73% of customers<br />

that purchase a new mattress<br />

will buy a new sheet set within<br />

the next 3 days, give them all<br />

they need!<br />

CARRYING A QUALITY BEDDING<br />

LINE IN YOUR STORE WILL:<br />

• Increase sales<br />

• Finalize more deals<br />

• Increase foot traffic<br />

• Increase customer base<br />

• Get more happy customers<br />

FULL LINE OF COMFORTERS<br />

MATTRESS<br />

PROTECTOR<br />

You wouldn't sell a car<br />

without insurance. Don't sell<br />

a mattress without a<br />

mattress protector<br />

Want More Info? Circle #21 on page 11 • www.Vendor411.com<br />

Call for your FREE Clara Clark catalog today!<br />

845.738.4832 845.533.4590<br />

www.claraclark.com<br />

cs@sanderscollection.com<br />

RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 15


Page 16 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

Want More Info? Circle #23 on page 11 • www.Vendor411.com


Want More Info? Circle #23 on page 11 • www.Vendor411.com<br />

RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 17


www.HeavenlySuits.com<br />

FULL COLLECTION OF DESIGNER TOP QUALITY<br />

CHURCH SUITS FOR WOMEN AND MEN<br />

Donna Vinci 1 Pc. Dress Set<br />

11691 Black/Purple<br />

Regular Price: $249.00<br />

Your Price $99.00<br />

Donna Vinci 2 Pc.<br />

Jacket & Skirt Set<br />

5658-N • Black/Print<br />

Special Price $179.00<br />

Skirt Suits • Dresses • Hats • Jackets • Mens & Boys Suits<br />

All Sizes in Stock - 4 Through 34W<br />

www.HeavenlySuits.com<br />

STYLE IN FASHION INC.<br />

WEST-SIDE DESIGNS<br />

We Carry Winter<br />

Sweaters & Jackets<br />

at Moderate<br />

Prices<br />

MANY STYLES AVAILABLE IN<br />

DASHIKI PRINT<br />

for Men & Women<br />

Imported from<br />

Thailand & India<br />

Tie-Dye, Hawaiian Print,<br />

Solid Acid Wash, Printed Dresses,<br />

Baby Doll Dresses, Blouses,<br />

Skirt Sets, Pant Sets, Skirts, Sundresses,<br />

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Fabric. We also carry Magic Wrap,<br />

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We also carry<br />

Belly Dance & Zumba<br />

outfits in lots of different styles.<br />

321 Olympic Blvd. Los Angeles, CA 90015<br />

Tel: (213) 624-9728<br />

Fax: (213) 624-2115<br />

email: Andy@StyleInFashion.com<br />

View Our Catalog Online or Call for Catalog<br />

SAMPLE<br />

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Want More Info? Circle #14 on page 11 • www.Vendor411.com<br />

Treats a Myriad of Skin Conditions<br />

Page 18<br />

Want More Info? Circle #12 on page 11 • www.Vendor411.com<br />

DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


Want More Info? Circle #07 on page 11 • www.Vendor411.com RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 19


YOUR INVICTA WHOLESALER<br />

MENS<br />

WOMENS<br />

Invicta Bolt Herc Reserve Quartz<br />

Mens Watch - 53mm Stainless<br />

Steel Case, Silicone/Stainless<br />

Steel Band, Black, Gold (33156)<br />

$849.00<br />

Sale Price: $ 109.00<br />

IInvicta Pro Diver Mens Quartz<br />

42mm - Model 33269<br />

$199.00<br />

Sale Price: $ 49.00<br />

Invicta is a fast growing watch brand, and is considered by<br />

collectors and enthusiasts alike to be a market leader in<br />

horological innovation and creativity. The long held belief<br />

that supremely crafted timepieces can be offered for a<br />

modest sums is the founding principle of Invicta.<br />

Explore an impressive selection of timepieces spanning 30<br />

diverse collections, and a wide use of exotic materials such<br />

as: meteorite, abalone, titanium, and carbon fiber. Invicta<br />

also offers collections from the worlds of Disney, Marvel,<br />

DC Comics, Star Wars, and the NFL.<br />

Invicta Bolt Womens Quartz 36<br />

mm Gold, Stainless Steel Case<br />

Blue Dial - Model 29196<br />

$259.00<br />

Sale Price: $ 69.00<br />

Invicta Angel Womens Quartz<br />

40mm Stainless Steel Case,<br />

Silver Dial - Model 31078<br />

$250.00<br />

Sale Price: $ 69.00<br />

Invicta Corduba Quartz Mens<br />

Watch - 52mm Stainless Steel<br />

Case, Stainless Steel/Polyurethane<br />

Band, Black, Steel (33654)<br />

$429.00<br />

Sale Price: $ 89.00<br />

Invicta Reserve Mens<br />

Mechanical 48mm Gold Case<br />

Gold Dial - Model 26486<br />

$499.00<br />

Sale Price: $ 69.00<br />

www.WatchDealers.net<br />

GREAT SELECTION ~ NO MINIMUM ORDER<br />

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Invicta Angel Womens Quartz<br />

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Blue Dial - Model 29114<br />

$279.00<br />

Sale Price: $ 59.00<br />

Invicta Specialty Womens Quartz<br />

36 mm Stainless Steel Case<br />

Charcoal Dial - Model 29395<br />

$199.00<br />

Sale Price: $ 59.00<br />

SHIPPING ORDERS WITHIN 24-48 HOURS<br />

CHECK OUT OUR NEW CLEARANCE SECTION!<br />

Want More Info? Circle #03 on page 11 • www.Vendor411.com<br />

Page 20<br />

DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


Top Selling Designer Collections<br />

TODAY’S LOOKS AT CLOSEOUT PRICES<br />

ALBERTA FERRETTI<br />

Tan Cotton Jacket<br />

Rebecca Taylor<br />

Tory Burch<br />

Kate Spade<br />

Parker<br />

Joie<br />

Dozens of Top Designers<br />

Alice & Olivia<br />

Diane von Furstenberg<br />

Nanette Lepore<br />

Marc Jacobs<br />

St. John<br />

Chanel<br />

Gucci<br />

Burberry<br />

Dolce & Gabbana<br />

Alexander Wang<br />

3.1 Phillip Lim<br />

Manolo Blahnik<br />

Tiffany & Co.<br />

Yves Saint Laurent<br />

Chloe<br />

WE HAVE IT ALL....<br />

DRESSES, SKIRTS, BLOUSES, TOPS, SWEATERS,<br />

CYNTHIA STEFFE<br />

Lime Textured Cotton<br />

PANTS, OUTERWEAR, SHOES, ACCESSORIES & MORE!<br />

$<br />

21 99 Jacket with Silver Trim<br />

SHOP THE TREND....<br />

$<br />

29 49<br />

PRE-LOVED GEMS at a fraction of the price.<br />

Gucci<br />

Brown Monogram<br />

“Jackie” Handbag<br />

$<br />

360<br />

Dooney<br />

&<br />

Bourke<br />

Gold Metallic Leather<br />

Shoulder Bag<br />

Lanvin<br />

Taupe Suede<br />

Striped Purse<br />

$<br />

319 99<br />

$<br />

60 95 Kate Spade<br />

LaROK<br />

Asian-Inspired Silk Blouse<br />

SHOSHANNA<br />

Grey Wool Sleeveless Dress<br />

$ Coach<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 21


Page 22 DECEMBER <strong>2023</strong> | RETAILERS Want More Info? FORUM Circle #9 MAGAZINE<br />

on page 11 • www.Vendor411.com


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 23


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Page 24 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 25


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Page 26 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 27


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Page 28 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 29


FORUM WORKSHOP<br />

forumworkshop<br />

STARTING YOUR OWN<br />

Starting Your Own<br />

BUSINESS<br />

Business<br />

EXPANSION<br />

If one is profitable, five may make you<br />

bankrupt. This principle applies to all types of<br />

businesses. Ednaʼs publishing, X-Press Printing<br />

(my former partnerʼs company), and Keepsake<br />

Jewelry all suffered from the the<br />

syndrome.<br />

Case History #1:<br />

Too Much, Too Soon,<br />

Killed the Business<br />

Page 30 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

Ednaʼs publishing companyʼs original publication,<br />

a magazine promoting downtown, was<br />

building a loyal readership and a renewing advertising<br />

base. However, the sales staff found<br />

themselves limited by the amount of advertising<br />

space they could sell in a single, monthly, 32-<br />

page magazine. So Edna invented a second,<br />

in-house, semi-annual magazine and accepted<br />

a contract to publish a quarterly mall catalog.<br />

The three publications were targeted to specific<br />

audiences with a slight overlap in market that<br />

allowed successful cross-selling. But the fact<br />

that Edna had three magazines instead of one<br />

spread working capital very thin. And when the<br />

company accepted a contract to do a playbill<br />

and another shopping mall catalog, there was<br />

little room for failure. Both lost money, and the<br />

new catalog competed directly with the companyʼs<br />

original downtown magazine;<br />

it provided advertisers with<br />

an either-or choice and took business<br />

away from the companyʼs<br />

staple.<br />

In her haste to take on more and<br />

more jobs, each of which depended<br />

on advertising sales to<br />

pay for production, Edna neglected<br />

the fact that the companyʼs<br />

retention rate for salespeople<br />

was two – including herself. Not<br />

only was working capital spread<br />

thin, her time was as well. The<br />

companyʼs monthly magazine<br />

nearly died of neglect. New<br />

salespeople could only comprehend<br />

– and sell – each upcoming publication.<br />

Edna created a third company magazine. After<br />

one period in which the business produced five<br />

magazines in about five weeks, the monthly<br />

was cut to twenty-four pages, simply because<br />

no one had the time to sell it. Health and legal<br />

problems, further diluted the ownerʼs time.<br />

When Edna examined the bottom line, she was<br />

unable to give the pay raise she had anticipated,<br />

and company morale dropped to nothing.<br />

Her three salaried employees began to job<br />

hunt; she had to hire and train salespeople<br />

once every two or three weeks after the last<br />

batch left in discouragement.<br />

continued...


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 31


FORUM WORKSHOP<br />

Case History #2:<br />

Relying On Nonexistent<br />

Investments for Expansion<br />

John Feltʼs<br />

H e r i t a g e<br />

Keepsake Diamondsʼ<br />

story<br />

was a bit different.<br />

After<br />

running one<br />

store in Utah<br />

successfully<br />

for a number<br />

of years, John<br />

forumworkshop<br />

Page 32 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

said a number of investors convinced him to<br />

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the business faster then he could personally<br />

control and taking on a great amount of debt to<br />

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the profits, John turned to his partners to produce<br />

the cash investments they had promised,<br />

only to find out that the money never existed.<br />

He sold ten stores, keeping five in Utah and<br />

Idaho, and tried to recover. Twenty percent and<br />

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Want More Info? Circle RETAILERS #68 on page 11 • FORUM www.Vendor411.com MAGAZINE | DECEMBER <strong>2023</strong> Page 33


forumworkshop<br />

FORUM WORKSHOP<br />

Case History #3:<br />

Expansion for the<br />

Wrong Reasons<br />

Fred Blackbumʼs story of business success and<br />

then failure is very complex. He successfully<br />

operated a PIP quick printing franchise for a<br />

decade. When a downtown renovation eliminated<br />

most of the parking near his business<br />

and made access difficult, sales began to decline.<br />

He lost his franchise and continued to operate<br />

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later, Fred was evicted from his downtown location<br />

_ the building had been sold and was<br />

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presence and a downtown store, he chose to<br />

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Moving was not new to Fred; he had had to<br />

do it twice before. But this time he had to pay<br />

for plumbing, wiring, and interior wall construction<br />

– and business was bad. Furthermore,<br />

quick print shops were proliferating in the downtown<br />

area at the time. And photocopy businesses<br />

using high quality, high speed machines<br />

further eroded his market share. Nevertheless,<br />

after Fred moved, he found himself with an<br />

extra printing press that didnʼt fit into his tiny<br />

new shop. So he decided to open a third store,<br />

just because he had the equipment, he said,<br />

even though he did not have enough equipment<br />

to open a full-service shop or enough capital<br />

to upgrade his own photocopying machines.<br />

He was saved from bankruptcy by a buyer, who<br />

closed the third location immediately.<br />

continued...<br />

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Page 34 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 35


forumworkshop<br />

FORUM WORKSHOP<br />

THE MORAL OF THE STORY<br />

Go slow if you decide to expand. More isnʼt<br />

better unless more meets the same criteria as<br />

the first: there is market demand and you make<br />

money. Clair and Twila Hale owned two Hallmark<br />

shops in one mall and a third in the mall<br />

across the street. The demand for greeting<br />

cards and seasonal gifts is strong; their ability<br />

to carry an inventory of popular and constantly<br />

changing gifts has enabled them to keep up<br />

with market demand, and, essentially, become<br />

their own competition. In response to a recent<br />

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two shops into a third shopping center five<br />

miles away.<br />

Carriage Horse Liveryʼs<br />

president,<br />

Wayne Scott, started<br />

his business with<br />

two horses and two<br />

reproduction carriages.<br />

The company<br />

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carriages, 18 to 20 horses, 2 hay wagons, a<br />

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ten carriages is all that the city can support.<br />

However, another company competes with his.<br />

Still, he realizes that for the hours and demand<br />

he anticipated in a city the size of Salt Lake, he<br />

has enough. His “enough” was based on being<br />

the only such business in the city; competition<br />

may change the statistics. Competition also<br />

prompted him to start advertising, which may<br />

increase demand in his favor.<br />

continued..<br />

Page 36<br />

DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

Want More Info? Circle #24 on page 11 • www.Vendor411.com


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 37


FORUM WORKSHOP<br />

Carrie expanded Body Tech<br />

as needed. When her<br />

classes grew too large to fit<br />

in her basement, she signed<br />

a lease agreement and<br />

opened a studio. She leased<br />

more space as her business grew, but kept her<br />

flight attendant job for security, so she could always<br />

meet the lease payments. After eight<br />

years, Carrie had a studio custom designed in<br />

a new office building near downtown. Rather<br />

than add new studios, which would dilute her<br />

time and attention, Carrie works from her large<br />

office in her single studio and finds ways to use<br />

her time more productively. She produced a<br />

workout video and book. She says about the increased<br />

competition in the aerobics business,<br />

“My theory is, theyʼve caught up, so leave them<br />

behind and come up with something new.”<br />

forumworkshop<br />

CAN YOU AFFORD<br />

TO EXPAND?<br />

Make certain you can afford to expand.<br />

Donʼt expand on promises or the expectation<br />

that someone else is going to invest. People invest<br />

in assets and profits, not in liabilities and<br />

plans. Youʼll probably have to spend your own<br />

money, which can include a bank or private<br />

loan. But you have to pay back loans, so it is<br />

still your money.<br />

Also consider your staff. If you ask your employees<br />

to take on more projects, like Ednaʼs<br />

publishing company, can you increase their<br />

salaries?<br />

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Page 38 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 39


FORUM WORKSHOP<br />

Are their salaries sufficiently high for you to expect<br />

more work for the same pay? Ask them<br />

what they think. If the publishing company had<br />

found an adequate number of salespeople, perhaps<br />

it could have worked. But it did not, and it<br />

would have made more sense to take on new<br />

projects after a sales force had been developed<br />

than hire a batch of new people who were trying<br />

to learn not only sales techniques but a new<br />

product line a week before press deadline.<br />

BE REALISTIC<br />

Body Tech not only had enough<br />

customers to justify expansion,<br />

it had a loyal, dependable,<br />

eager cadre of instructors who<br />

also viewed expansion as an opportunity.<br />

forumworkshop<br />

Page 40 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

If you do expand too much or too soon, have<br />

the wisdom to retrench. At one time the Hales<br />

owned seven Hallmark stores some fifty miles<br />

apart. Even though two sons and one daughter<br />

helped run the business, the family decided<br />

seven stores were too many to operate well, so<br />

they sold three. In October of 1986, opportunity<br />

and “a new challenge” called once again and<br />

the Hales opened The Christmas Store in the<br />

same mall as their first two Hallmark stores<br />

(Clairʼs Hallmark and<br />

Twilaʼs Hallmark). But after<br />

the holidays, they closed<br />

the location, choosing not<br />

to renew their temporary<br />

lease. The experiment did<br />

not justify a year-round<br />

Christmas store.<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 41


FORUM WORKSHOP<br />

Mike Mihlberger expanded Office & Things<br />

from its single Salt Lake location to a second<br />

store in Oklahoma. He says, “I went to Oklahoma<br />

to look for a wife.” He met and married a<br />

Utah woman, closed the Tulsa store after tiring<br />

of the commute, and concentrated his expansion<br />

activities in Utah. At first, Mike sold specialty<br />

gifts as well as business supplies and<br />

typewriters. Later, Mike expanded his gift line<br />

and opened another store in the mall across the<br />

street. As his family grew from two to four, his<br />

interests changed. “I needed toys at wholesale<br />

for my kids.” He re-examined his marketing<br />

strategy. “The only toy a kid remembers is a<br />

stuffed animal.” Mike closed his second mall<br />

store and eliminated his giftware line because it<br />

overlapped the inventory of the store across the<br />

hall from his primary location. He put an extensive<br />

line of stuffed animals in the extra space.<br />

forumworkshop<br />

He calls his stuffed<br />

animal store “Noahʼs<br />

Ark” and specializes<br />

in collectibles. His<br />

decision to open a<br />

bakery next door<br />

was motivated similarly.<br />

“My family was<br />

growing, I needed to<br />

buy food wholesale.”<br />

The other (maybe<br />

the real) reason was<br />

the bakery in his mall closed, so he thought<br />

there would be a continued demand. He also<br />

decided to alter the bakery-businessʼ standard<br />

means of operation. Rather than have a baker<br />

work on site, he simply buys wholesale from<br />

bakers all over town. The products are as fresh;<br />

the variety infinite.<br />

continued...<br />

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Page 42 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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FORUM WORKSHOP<br />

His expansion have always been in response<br />

to market demand, not optimism or wishful<br />

thinking. And when demand changes, or competition<br />

increases, heʼs willing to adjust the nature<br />

of his business. Mike has been in business<br />

since 1975, and he had a loyal staff of people<br />

who donʼt mind selling $3,000 pens one day<br />

and 50 cent breakfast rolls the next. He expanded<br />

with both sufficient capital and the<br />

agreement of his existing staff, one of whom<br />

said the change of pace keeps the job interesting.<br />

forumworkshop<br />

Business Must<br />

Be Profitable<br />

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Page 44 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 45


FORUM WORKSHOP<br />

Youʼll advertise to attract attention and to generate<br />

word-of-mouth publicity. This costs more<br />

in the first few years because when you are<br />

new you have to pay for exposure; the free stuff<br />

comes later. If you ask other people (your employees)<br />

to “hook their wagons to your star,”<br />

you have to be there for them as well as for the<br />

business. You have to be visible. Having<br />

worked for three start-up companies (including<br />

my own), I know it is hard to stay loyal to a company<br />

or a boss who is not constantly involved in<br />

the operation of his or her own business. Iʼve<br />

seen coworkers start to lose their morale and<br />

put forth less effort to make sales or service<br />

customers, because the owner started to take a<br />

lot of time off for vacations, or even to operate<br />

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than authority, and when problems<br />

forumworkshop<br />

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Page 46 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 47


FORUM WORKSHOP<br />

Donʼt rush into other ventures until your staff is<br />

well-trained, and has gained your trust so that<br />

you can hand them not only the keys to the<br />

door, but the authority and knowledge to handle<br />

whatever happens in your absence immediately.<br />

Sound simple? It is, but you wonʼt do it for<br />

a year or two. Itʼs just not comfortable for either<br />

you, the owner, or for your employees.<br />

CHECK YOUR SAVINGS<br />

Finally, before you expand, consider the<br />

amount of cash you have in the bank. Not<br />

the money you or others invested when you got<br />

started, or your working capital, but your savings.<br />

Odds are by the time you actually opened<br />

for business you didnʼt have much start-up capital<br />

left. If you did, add to it as though you were<br />

forumworkshop<br />

Page 48 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

saving for<br />

retirement<br />

and you<br />

had been<br />

g u a r a n -<br />

teed that<br />

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will<br />

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and you<br />

will live to<br />

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Save regularly and as much as you can. “Savings”<br />

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the owner. Having this money demands<br />

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last – after the bills, the staff, the savings account,<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 49


forumworkshop<br />

FORUM WORKSHOP<br />

Your Ability To Grow<br />

Depends On Money<br />

In the first one to five years, pay yourself<br />

very little, because your ability to grow depends<br />

on how much money you have in the<br />

bank. Lending institutions are more willing to<br />

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so much money saved that you can either pay<br />

cash for expansion or attract loans that you<br />

know will be able to pay off, whatever happens,<br />

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Sheri and Jay manufacture and market the<br />

Jensen ThermoShield – a quilted waterbed<br />

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continued..<br />

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Page 50 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 51


FORUM WORKSHOP<br />

The Jensens lived modestly and put most of<br />

their profit back into the business. Jay began to<br />

sell his product at state and county fairs, shopping<br />

mall shows, and home and garden shows<br />

in 1985. That first year, working full time, he<br />

earned $20,000, more than he had ever earned<br />

as an employee. The Jensens now pay themselves<br />

$125,000 and still reinvest most of their<br />

income into the business.<br />

Jensen ThermoShield was five years old when<br />

the Jensens took out their first loan. They did<br />

so to buy a quilting machine and build a<br />

garage-factory on their lot in Riverton, Utah, explains<br />

Jay, because the mattress factory they<br />

subcontracted to could not keep up with demand.<br />

Furthermore, the monthly payments on<br />

the loan were the same amounts as they had<br />

paid the subcontractor.<br />

forumworkshop<br />

While I doubt many<br />

businesses operate<br />

this way, they should.<br />

The ones that do, like<br />

the Hales and the<br />

Jensens, are the first<br />

to expand in response<br />

to market demand. They are the ones that survive<br />

economic changes – fiscal or political – like<br />

recessions, stock market crashes, fluctuating<br />

interest rates, perhaps even urban (or mall) renewal<br />

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to train their staff. It is all right to compete<br />

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profitability. But if adding a new store across<br />

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continued..<br />

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Page 52 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 53


FORUM WORKSHOP<br />

HAVE THE SUPPORT<br />

OF YOUR STAFF<br />

Consider the support of your staff before you<br />

want to grow. If you operate more than one<br />

store, you will have to be in different places during<br />

the day. You will have to be able to count on<br />

your best people to manage for you, as you<br />

would. Asking them to do more on the same<br />

pay because all your capital will be used for expansion<br />

is not reasonable. You probably paid<br />

them less than they were worth when you<br />

started your business; they accepted that because<br />

they expected to earn a great deal more<br />

as the business earned more. You are going to<br />

make those people mad at you if you use profits<br />

to expand before you increase their salaries.<br />

forumworkshop<br />

Of course, if your employees have no skills and<br />

require none, this is not an issue. But even minimum<br />

wage, low skill employees can offer your<br />

business ingredients for success that may<br />

make their happiness a bigger priority than expansion.<br />

For instance, if your clerk always<br />

smiles and remembers regular customers by<br />

name, always takes the correct payment and<br />

gives the right change, youʼd be foolish to think<br />

that employee is easily replaceable.<br />

continued..<br />

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Page 54 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 55


FORUM WORKSHOP<br />

Highly skilled or low skills, people<br />

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it will take new people time to<br />

learn your business procedures.<br />

If you have to train new people in<br />

the middle of an expansion, you<br />

are going to have a difficult time.<br />

Why not wait until your employees<br />

feel well paid, dedicated,<br />

and willing to assist you with<br />

your expansion. Whatʼs the rush to get bigger?<br />

Are you afraid your competitor will do it first?<br />

Could be, but so what. Doing it first only counts<br />

if you can do it well and keep doing it. First<br />

doesnʼt count if your valued employees quit and<br />

your company goes broke because you donʼt<br />

have the time to train their replacements. Let<br />

someone else be “first” under those conditions.<br />

When they quit, pick up their customers.<br />

forumworkshop<br />

If you sell gifts, you should always try to be first.<br />

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changed your mind and want to take a few<br />

months off. They probably wonʼt do business<br />

with you again, judging from the history of one<br />

local publication.<br />

Be realistic. Examine all the factors.<br />

Donʼt react to the competition;<br />

make sound business decisions<br />

and let competitors react to you.<br />

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Page 56 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 57


FORUM WORKSHOP<br />

MAKING MONEY<br />

No one is in business to create<br />

jobs or pay taxes. No one. Real<br />

entrepreneurs take the risks<br />

they do to make money. The<br />

paychecks their employees<br />

draw every month, and the wide<br />

variety of goods and services<br />

American consumers have to<br />

select from, are all by-products.<br />

The extent to which the American public has<br />

come to believe (and insist) that the opposite is<br />

true may confuse the new business owner. And<br />

it is highly likely that in the early years, paying<br />

taxes and creating jobs will be more of what<br />

you do than make money for yourself.<br />

forumworkshop<br />

Page 58 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

WHAT DO YOU<br />

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How will you know how much to pay yourself?<br />

In the early years the formula is simple: whatʼs<br />

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and the companyʼs investment capital fund.<br />

What is left over for you to take home is going<br />

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How much you sell will be determined by market<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 59


forumworkshop<br />

FORUM WORKSHOP<br />

What Do You Charge?<br />

In my business, I sold “typesetting.” I decided<br />

that I would charge my clients from the time my<br />

fingers touched the keyboard of my machine,<br />

to the moment I had the finished pieces pasted<br />

up. What I did not charge for was the five minutes<br />

or two days that I designed in my head.<br />

How could I, I thought to my self, charge anyone<br />

for something as abstract as “thinking.”<br />

That was a mistake. I learned from experience<br />

that charging for thinking is not only fair but necessary.<br />

Perhaps other people designed logos<br />

with pen and paper or computer. The fact that I<br />

“saw” logos in my head was no less legitimate<br />

and should have been income-producing from<br />

the beginning, rather than two years later.<br />

When I wrote ads for<br />

Ednaʼs, I started the<br />

time clock from the<br />

moment I began the<br />

project to when the<br />

finished copy left the<br />

computer. I charged<br />

for all that time I spent<br />

listening to my head<br />

talk. Thatʼs what I had<br />

been hired to do. My employer defined what<br />

“time” we were to charge for.<br />

Had I charged for my creativity as owner of Midnight<br />

Oil Typesetting, I might have been more<br />

successful. I also had to decide how much to<br />

charge. Since I had a six month record of pricing<br />

and income, it was fairly simple to do.<br />

continued..<br />

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Page 60 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 61


FORUM WORKSHOP<br />

The going rate in the business when I started<br />

was $25 an hour. Since my computer was lowend,<br />

I set my price at $20. I calculated that if I<br />

did an hour of billable work a day, I could cover<br />

my overhead. I knew with Fredʼs X-Press Printing<br />

as my only customer, I would do more.<br />

Consider The Competition<br />

Large 5<br />

String<br />

Fish Scale<br />

Fishnet<br />

Panty<br />

Hose<br />

forumworkshop<br />

Page 62 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

Setting prices relative to the competition is a<br />

good place to start. But make certain that you<br />

will cover your expenses. There are a lot of low<br />

bidders out there who are courting bankruptcy.<br />

Be careful not to copy them. Set your prices realistically<br />

higher. Justify the difference with<br />

quality and service. Then let others copy you.<br />

You should charge as much as people are<br />

willing to pay. Is it better to sell five for $20<br />

each or ten for $10? Well, the cost of your inventory<br />

for five will be<br />

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a time will only cost you $5 each?<br />

Your prices must balance your need to attract<br />

customers and your need to afford an ample inventory.<br />

Naturally, the type of item you sell will<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 63


forumworkshop<br />

FORUM WORKSHOP<br />

If you sell custom-made roll-top desks, like<br />

Charlie, you donʼt have to carry any inventory of<br />

finished goods, just floor samples. You can<br />

order supplies when you need them and charge<br />

as much as the traffic will bear. If you sell jewelry,<br />

like Guy, one or two of a kind will do. Since<br />

you can always size a ring, your customers will<br />

be more attracted by a large variety. If you are<br />

in the grocery business, you need fully stocked<br />

shelves so that customers will find everything<br />

they need, every time they come into your<br />

place of business,<br />

or they will have<br />

to go elsewhere.<br />

In clothing retail,<br />

you need a variety<br />

of styles as<br />

well as sizes at<br />

the beginning of<br />

each selling season. You need a big selection<br />

so that as sizes and styles start to sell out, customers<br />

have plenty to choose from until the<br />

next seasonʼs merchandise arrives. When the<br />

selection is very thin, and the new inventory is<br />

due to arrive soon, itʼs time for clearance sales.<br />

As you can see, experience in oneʼs profession<br />

will give you a head start when you buy inventory<br />

and set prices. It will take a year or two on<br />

your own before you have records upon which<br />

to base such decisions. Generally speaking, if<br />

you cater to immediate needs (“real need”) you<br />

have to have an ample inventory at the “best”<br />

price. If you cater to “perceived needs,” a wide<br />

variety of ever-changing merchandise will attract<br />

customers. Your prices will depend on<br />

your costs of doing business and the quality<br />

and service you offer.<br />

continued..<br />

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Page 64 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 65


FORUM WORKSHOP<br />

BUSINESS SPENDING<br />

Not only do small business owners tend to<br />

charge too little, they often think they have<br />

to spend too much to stay in business.<br />

Sometimes finding out what “too much” is, is a<br />

matter of trial and error. But you have to pay attention.<br />

Spending too much is often necessary<br />

as long as it doesnʼt happen for too long a period<br />

of time. Advertising is going to cost a lot in<br />

the beginning, simply because you need the<br />

exposure, unless you want to wait five years for<br />

word-of-mouth to build your business. The mistake<br />

entrepreneurs often make is they buy too<br />

much advertising, all at once, run out of money,<br />

then discontinue advertising completely – because<br />

“they canʼt afford it.”<br />

forumworkshop<br />

Page 66 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

You Can’t Afford<br />

Not To Advertise<br />

You probably canʼt afford not to. But<br />

✔<br />

you need to find out what you can<br />

afford to do that will be effective. So<br />

contact every publication in your<br />

area and find out whom they target. If you intend<br />

to attract customers from an entire metropolitan<br />

area, the newspaper will reach that<br />

market. If you want to sell to college students,<br />

the school paper or local arts and entertainment<br />

tabloids are right. How about the entire state?<br />

Perhaps your has a regional magazine? The<br />

nation? Define your market more specifically:<br />

businesses, households, sports enthusiasts,<br />

and do some research.<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 67


FORUM WORKSHOP<br />

Collect rate sheets and information on each<br />

publicationʼs circulation. Surveys indicate that<br />

about four people read every copy of a magazine,<br />

and publishers like to use this statistic. If<br />

a magazine claims 40,000 “readers,” they probably<br />

print 10,000. You can bet they keep 500 in<br />

the office for the salespeople to use, and perhaps<br />

another one percent of their print run is<br />

left over at the end of the month, undistributed<br />

and unread. So ask for press run figures and<br />

compare those.<br />

More important, find out where those copies go.<br />

Is the publication distributed for free, mailed to<br />

paid subscribers, and/or available on the newsstand?<br />

If you have a gift shop in the downtown<br />

area, and the regional magazine is mailed to<br />

subscribers all over the state, just how many<br />

reach your target market? Is there a magazine<br />

forumworkshop<br />

or newspaper that is distributed to the workers<br />

and tourists in your area exclusively? Maybe<br />

they print fewer copies; but if the copies are<br />

hand delivered to your potential customers, it<br />

could be a better buy.<br />

Targeting Your Advertising<br />

I said “could be” because these issues are<br />

never that black and white. Most likely you will<br />

find two or three publications youʼd like to try.<br />

Hereʼs the rule:<br />

try them one at a<br />

time. Reread the<br />

article about how<br />

advertising works.<br />

In summary, it is<br />

an image builder.<br />

continued..<br />

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Page 68 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 69


FORUM WORKSHOP<br />

Remember that restaurant it took us five years<br />

to get around to trying? Thatʼs to be expected.<br />

So how can you tell if an ad is effective? You<br />

have to be patient and methodical. If you have<br />

narrowed the field to targeted publications, set<br />

an advertising budget, and had an effective ad<br />

designed, then place your ad in your first choice<br />

for at least six months. Donʼt think a 10% off<br />

coupon on a $200 item (or even a $20 item) is<br />

going to make people flock to your store. Be realistic.<br />

If you sell fast food, half-off and two-forone<br />

coupons are likely to create some traffic, if<br />

people read that magazine or newspaper.<br />

forumworkshop<br />

Coupons are effective for in expensive or<br />

frequently used items, like food or household<br />

cleaning products. Display advertising<br />

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Gauge the reaction to your ad by keeping track<br />

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Coupon<br />

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continued..<br />

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Page 70<br />

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DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 71


FORUM WORKSHOP<br />

After a six-month period, place an ad in your<br />

second choice publication for the same time period.<br />

When you find out which publication is<br />

most effective, judging by the sales figures,<br />

stick with it (or them). Be consistent until years<br />

have passed and you have so much business<br />

you donʼt want to handle any more. Then run<br />

an occasional ad so that old customers are reminded<br />

of your existence. Invisibility implies<br />

nonexistence. You should also build a mailing<br />

list. Every time you sell something, try to get a<br />

name and address. If you use sales contracts<br />

or hand-written sales receipts, this is easy to<br />

do. Another way to build a mailing list is to collect<br />

business cards. Have a drawing, for example;<br />

put a fishbowl on your counter for cards<br />

and give away something small – an excellent<br />

idea for restaurants. Ednaʼs publishing company<br />

has a monthly business card drawing and<br />

forumworkshop<br />

a trivia contest. <strong>Magazine</strong> readers answer<br />

questions based on ads and articles in her<br />

downtown magazine. Prizes are typically donated<br />

in exchange for free publicity in the magazine.<br />

Classy Ladyʼs Judy Harris uses her<br />

mailing list to announce the arrival of each seasonʼs<br />

inventory, and she has found her responses<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 73


FORUM WORKSHOP<br />

How about television?<br />

It reaches everyone.<br />

Are you selling to everyone?<br />

Mr Mac clothing<br />

store does. They have<br />

one of the largest inventories<br />

of menʼs suits in<br />

the state, and stores<br />

statewide. They want to<br />

reach the “mass market.”<br />

Mac uses television and newspaper almost<br />

exclusively. They work for his business.<br />

Radio is similar to print. These days at least one<br />

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your market. Treat it just like publications. Get<br />

forumworkshop<br />

the prices, the demographics (who listens, what<br />

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that targets your market, one at a time.<br />

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Pay attention to what the competition is doing<br />

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so do their ads in newspapers and magazines.<br />

Then there is Tiffanyʼs and its image equivalent<br />

in Salt Lake, O.C. Tanner. Those ads are on the<br />

backs of Playbills. Plan your advertising the<br />

same way you plan the location of your business.<br />

Are you catering to people who will shop<br />

around, or is your product so special that theyʼll<br />

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continued..<br />

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Page 74 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 75


forumworkshop<br />

FORUM WORKSHOP<br />

You will be amazed at the quantity of data that<br />

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your ads to those people.<br />

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Page 76 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 77


forumworkshop<br />

FORUM WORKSHOP<br />

Consider your salary to be a “debt” the company<br />

must pay. Then pay yourself, like all<br />

debts, as much as the company can afford in a<br />

worst month, and pay your debt to yourself last.<br />

When you start, your salary should be conservatively<br />

low, based on your income projections.<br />

After your first year, you will know what your<br />

worst month really is. (In retail, itʼs usually January<br />

and March. In service, <strong>December</strong>.) Donʼt<br />

assume that next year sales will increase, so<br />

you can pay yourself more. Wait until sales so<br />

increase, in fact. Live as frugally as possible<br />

until the business can afford to pay you and<br />

your staff more. If reality<br />

exceeds your projections,<br />

give yourself a<br />

bonus on <strong>December</strong><br />

31st, after you have calculated<br />

your net profits<br />

for the year. Since the IRS is going to tax you,<br />

as a sole proprietor or a partnership, on whatʼs<br />

left over anyway, this is the time to pay the business<br />

(capital) and pay yourself that bonus.<br />

Take Time To Reassess<br />

January 1st is a good time to look into the future,<br />

too. What is changing in your world? What<br />

will it cost you to buy updated equipment or the<br />

latest giftware inventory? Of course, income<br />

you have earned from sales all year long has<br />

bought new inventory and supplies. But what if<br />

times have changed dramatically, and you have<br />

to buy something that will enable you to continue<br />

to compete in the marketplace – like the<br />

phototypesetting machines that kept Midnight<br />

Oil Typesetting in business?<br />

continued in next issue ...<br />

Page 78 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 79


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* FREE CLOSEOUTS (BARTER)<br />

* BEST RETAIL CLOSEOUT STORES<br />

* BASIC INFORMATION ON SURPLUS<br />

CLOSEOUT COURSE & SOURCEBOOK shows you exactly how and where to make big profits in buying closeout<br />

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Page 82 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


Secure<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 83


The Complete Guide to Making Money at Auctions!<br />

AUCTION<br />

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Page 84 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 85


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Page 86 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 87


The <strong>Retailers</strong><br />

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Page 88 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE


WE HAVE BUYERS!<br />

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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 89


Trade<br />

MaGaZINeS<br />

Trade <strong>Magazine</strong>s<br />

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merchandise and services to<br />

flea marketers and swap meeters.<br />

It provides excellent resources for<br />

merchandise and each issue contains<br />

a bonus Directory of Flea<br />

Markets throughout the United<br />

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Order No. SM-S ...Swap Sample ...$10.00<br />

FREE 1 YEAR SUBSCRIPTION AVAILABLE AT<br />

www.WholesaleSources.com<br />

ADVERTISING SPACE AVAILABLE<br />

Closeout News/<br />

Wholesale<br />

Merchandise<br />

ADVERTISING SPACE AVAILABLE<br />

The Leading<br />

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Find Apparel, HBA and Cosmetics, Electronics, Home and<br />

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Videos and DVDs, and more. For larger discounts, many dealers<br />

sell pallet truckloads that will make you even more profits.<br />

Order No. CNS - Closeout News - 2 Years (24 Issues)...$60.00<br />

Page 90 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE<br />

Page 90 90<br />

<strong>Retailers</strong> <strong>Forum</strong><br />

SoloMayoreo<br />

“I Can Get<br />

It For You<br />

Wholesale”<br />

Written in Spanish,<br />

this big monthly<br />

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Buy where the retailing giants buy! The advertisers are professionals in<br />

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Wholesale Gift Guide<br />

A Great resource to locate higher end<br />

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• Home/House<br />

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Order No. GG Gift Guide $39.95<br />

Annual Guide to the<br />

Licensing World<br />

Here is an incredible Directory that<br />

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Over 7,000 consumer catalog companies<br />

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Makers Directory<br />

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Accessories<br />

Sourcing Directory<br />

The comprehensive directory provides<br />

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hats, shoes, gloves. You will find the top<br />

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Order No. 121 $150.00<br />

Order No. 122 $100.00<br />

1-800-635-7654 Business Directories<br />

Page 91<br />

RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 91


LEGAL<br />

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A poorly chosen lawyer can be the start of an<br />

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Page 92 DECEMBER <strong>2023</strong> | RETAILERS FORUM MAGAZINE Page 92


APPAREL<br />

BUSINESS DIRECTORIES<br />

Fabrics, Services, Trims<br />

This up-to-date directory solves your<br />

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Order No. 0971486735 $135.00<br />

Apparel Contractors (USA Edition)<br />

1-800-635-7654 Page 93<br />

Directory of Brand Name Apparel<br />

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Updated and easy-to-use directory<br />

listing brand-name label manufacturers<br />

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RN & WPL Encyclopedia<br />

A comprehensive listing of every Registered<br />

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Order No. RN8. Directory $285<br />

Order No. RN8C Directory/CD Combo $475<br />

The Small Design Company's Guide to<br />

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Upj-to-date guide created specifically for the smaller design houses and home sewing<br />

businesses. Directory lists fabric and trim companies that will sell to businesses that<br />

require 0 to 500 yards as a production order. Book lists low-minimum and in-stock<br />

fabric suppliers and all their contact information.<br />

Order No. A-106 $65.00<br />

Apparel Business Directories<br />

RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 93


USA Closeout Directory<br />

Now, more than ever, it is essential for the success of your merchandising business to<br />

buy goods at the lowest prices possible. Our bestselling<br />

USA Closeout Directo-ry shows you how<br />

and most importantly, WHERE. Hundreds of<br />

closeout dealers specializing in selling goods<br />

often priced as low as 10¢ on the dollar are<br />

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plan sellers ...anyone who sells merchandise<br />

needs this directory! Clothing • Electronics<br />

• Jewelry • Toys • Watches • More!<br />

Order No. 4 -<br />

Closeout Directory - $29.95<br />

Dollar Store<br />

Merchandise Guide<br />

The most complete directory of<br />

wholesalers and manufacturers<br />

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store merchandise. Hundreds<br />

of companies are listed with<br />

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Order No. DSM • Dollar Store<br />

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Toy Importers & Wholesalers<br />

a s<br />

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Order No. TOY<br />

$29.95<br />

Directory of Smoke Shops<br />

Our EXCEL Directory contains over 7,000<br />

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DIRECTORY INCLUDES:<br />

• 7,000 Smoke Shops/Head Shops<br />

• Phone Numbers<br />

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• U.S and Canada<br />

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Order No. SSDB (Excel)<br />

$399.00<br />

Independent Sales Rep. Directory<br />

The Independent Apparel Representatives and Multi-line Showrooms directory includes information on over 1,000<br />

independent sale agents and multi-line across the USA. These agents and showrooms are critical to merchandisers<br />

and manufacturers looking to connect with retailers to introduce their lines into the retail space. Includes valuable<br />

information such as market focus, price points, territories served, number of locations, rep type, and specific brands<br />

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Order No. SGREP-B Printed Book $359.00<br />

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1-800-635-7654<br />

Page 94<br />

Business Directories


Imagine<br />

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No. W1 Wholesale Sources $29.95<br />

Auction Directory<br />

Wholesale Sources<br />

Jam-packed<br />

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This is THE definitive guide to auctions!<br />

It not only tells you WHERE<br />

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RETAILERS Page 95 FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 95


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RETAILERS FORUM MAGAZINE | DECEMBER <strong>2023</strong> Page 97


DECEMBER <strong>2023</strong><br />

FORUM PUBLISHING COMPANY<br />

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