The By Design Showrooms announce they will be closing all 4 retail stores in an effort to reinvent themselves as one unified store later this summer. With the nation on the brink of a recession, this measure is being taken so the 15-year old business can remain in operation amidst the current economic downturn and not be a statistic of the gloomy prediction that 2008 will be a record year for retail bankruptcies nationwide, surpassing levels since the 1991 recession.
This announcement couldn't have come at a better time for area consumers who are battling with record-high gas and food prices, a slumping housing market, an escalating credit crisis and
a weakening job market. Due to the challenging economic conditions, consumers are finding themselves buying mostly necessities and shifting more of their discretionary spending to sale
merchandise.
The By Design Showrooms own the strip mall property on which the 4 stores are located and their goal is to downsize from a total of 11,500 square feet to 3,000 square feet and lease out
the other 3 retail condos. This strategic move of consolidating all 4 stores into one store will allow the Company to increase operating efficiencies while decreasing overhead costs.
The process to close these stores will begin May 15, 2008 to the general public with a massive Going-Out-Of-Business and Store Closing Sale (www.ByDesignSale.com) open from 10:00 AM until 6 PM daily and is expected to run 6-8 weeks. To assist in the orderly inventory liquidation and to help
minimize the total cost of closing these four stores, the company has enlisted the professional retail marketing and liquidation services of LSR Consulting Services (www.WinningRetail.com), a nationwide retail marketing and consulting firm specializing in high-impact sales events and store closings.
The By Design Showrooms consist of four stores rolled up into one comprising of a wallpaper and border store, a bed and bath store, a babies and children's store and a tabletop and
accessories store offering basic items to luxury spa lines to fit every need and budget, as well as taste. They are located at 2419 E. Perkins Avenue, Sandusky, Ohio, behind the Sandusky
Mall on the corner of Perkins Avenue and Mall Boulevard.