Checkouts
COMMUNITY RELATIONS
A New Life For Dead Inventory
S
ome stores get rid of dead inventory by having
liquidation sales, or putting products in a dump bin or
on a clearance table at the front of the store.
Woods Hardware doesn't have room for that. With a
1,500-square-foot salesfloor, when items aren't selling, they
have to move quickly.
Matt Woods, COO of the Cincinnati, Ohio, business,
has found a way to quickly move that dead inventory while
helping out the community—by donating it to a local charity.
Donated products are sold at a discount, and proceeds go
to help those in economically depressed areas of the city.
"The charity is run by a father-son team that uses the
proceeds to help ex-offenders or those who are down on their
luck, and help rehabilitate them," Woods says. "We donate
anything and everything we can. They get a lot of donations
from the big boxes and from Amazon, too.
"It's a good way for us to get rid of that inventory and also
help those who need a hand," he says.
To learn more about Woods' operation and how he makes
the most of a small salesfloor, see the November issue of
Hardware Retailing.
Matt Woods of Woods Hardware donates dead inventory to a
local charity that helps those down on their luck.
HARDWARE RETAILING | October 2016
42
Use the integrated showerheads together or separately to get water
where you need it most. Another way Delta is more than just a shower.
For a demo, visit deltafaucet.com/in2ition
Wash the day away.
THE IN2ITION
®
TWO-IN-ONE SHOWER.
©2015
Delta
Faucet
Company
