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Value City's Aggressive Closeout Strategy Gives Shoppers Greater Buying Power During Tough Economic Times

Posted : Mon, 04 Aug 2008 13:02:51 GMT
Author : Value City
Category : Press Release
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Back-to-School Shoppers Welcomed With Major Store Makeovers and Unprecedented Deals COLUMBUS, Ohio, Aug. 4
COLUMBUS, Ohio, Aug. 4 /PRNewswire/ -- Value City is aggressively seeking out the best closeouts in the industry and passing the deals on to its customers. Consumers are being hit hard by high gas and food prices, but at Value City, they can maximize their budgets and outfit their families in current, brand name fashions at significantly reduced prices.
Just in time for the back-to-school season, Value City has completed an extensive makeover of its stores and merchandise, making it easier than ever for budget conscious consumers to find the best deals on quality, national brand name merchandise at far greater savings than ever before.
Because buyout and closeout merchandise is not replenished, savvy customers visit regularly and have a buy-it-when-you-see-it strategy. Value City advertises the newest deals, buyouts and closeouts hitting the stores in its weekly newspaper circulars. In addition, all stores hold frequent shopping events targeted to local healthcare workers, municipal employees, educators and other key community groups, and seniors enjoy a 10% discount on their purchases all day every Tuesday.
As part of Value City's back-to-school strategy, stores located in communities where school uniforms are required will carry a full range of deeply discounted uniforms by French Toast, the best-selling uniform brand. Shoppers at all stores will find deals on select name brand children's fashions as well as must-have accessories, including backpacks and lunch kits.
The economic slowdown, while hurting traditional retailers, has enabled Value City to make a number of key buyouts of shoes and casual fashions typically seen in department stores and mall stores at much higher prices. One major buyout, arriving in stores mid-August, features apparel from three specialty online and catalog retailers that focus on high-end active and outdoor wear.
Customers will find bright, clean and easy-to-shop stores when they visit the new Value City. Floor plans have been redesigned to make it easier for customers to see new arrivals immediately upon entering the store, with price-specific signs on each sales rack and huge brightly colored arrows suspended from the ceiling to point out the most sought-after deals.
About Value City Department Stores
Headquartered in Columbus, Ohio, Value City operates 65 value-driven retail stores throughout the Midwest and Mid-Atlantic regions. VCHI Acquisition Co. acquired majority ownership in the chain in January. To learn more, visit www.valuecity.com.
SOURCE Value City

Copyright © 2008 PR Newswire. All rights reserved.




Article : Value City's Aggressive Closeout Strategy Gives Shoppers Greater Buying Power During Tough Economic Times
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