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jaytkay's avatar

Are rug stores in your area perpetually "Going Out of Business!!"?

Asked by jaytkay (23647 points ) June 11th, 2010

For many, many years, local rug stores have held “Going Out of Business!!” sales. Often the same store, for ten years.

Why rug stores? And only rug stores? Nobody else uses this tactic.

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11 Answers

gailcalled's avatar

Here we have also a mattress store in perpetual distress.

lillycoyote's avatar

Yes, they are. LOL. Except I did notice the one near me, that had been “going out of business” for about 15 years is not longer there, though I suspect that they might have moved their going-out-of business somewhere else.

SmashTheState's avatar

Welcome to the insanity which is capitalist profit motive. Unless it is actually illegal—and even then, only if it’s likely to result in fines large enough to be prohibitive—then there is nothing, no level so low, no act so vile, no behaviour so base and dishonest that a business will not use it if the result is a net profit. We should feel lucky when business merely lies rather than kills.

“If a man walk in the woods for love of them half of each day, he is in danger of being regarded as a loafer; but if he spends his whole day as a speculator, shearing off those woods and making earth bald before her time, he is esteemed an industrious and enterprising citizen. As if a town had no interest in its forests but to cut them down!”Thoreau, Life Without Principle

YARNLADY's avatar

Yes, and it extends to furniture stores as well. There is a law against false “going out of business” sales, so the owners get around it by simply taking out a new business license with a new name.

They can then have both a going out of business sale, and a Grand Opening Sale every few months. They can also get out of paying any debts or being responsible for buyers who bought from the ‘old’ business.

dpworkin's avatar

Sorry to say that the entire “Oriental” rug business in the US is a scam. Either buy from a major auction house, or keep away.

jaytkay's avatar

dpworkin Either buy from a major auction house, or keep away.

I don’t think they are in my price range. I bought a 6×8 wool rug from Field’s Macy’s that looks OK for $800, I am very happy.

And yes, I see the difference between my rug and the $10K model. And I prefer the $10K. It’s simply outside my budget.

Or am I wrong? Could I do better?

dpworkin's avatar

It’s really a tough, predatory business. I’ve been around it a long time and I still get burned, and I know all the tricks.

poofandmook's avatar

Why can’t they just have the same sale and call it something else? Like a Liquidation sale or something? Same sale, different name.

Ludy's avatar

rug stores, furniture stores, electronics stores, mattres stores I think is just a fraude

anartist's avatar

Yes. Rug stores with middle-eastern carpets most often.
Seems like a style of camel trading that has proved effective.
If it works for the business owner, why not?

downtide's avatar

I’ve never seen a store in the UK that sells only rugs. Usually its rugs plus every other type of floor covering you can think of. I’ve seen an occasional market-stall selling oriental rugs, but I can’t possibly imagine that the demand in any one town (except maybe London) would be sufficient to sustain a business with such a narrow product-base. I could imagine it would work on a mail-order, national level, provided the market’s not already saturated.

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