Menu icon

Hilco Monetizes Large Chunk of Inventory Through On-Going Stores

img hilcoglobal index jcpenney@2x
Excess Inventory – Clearance Centers

Based on previous work conducted on behalf of JCPenney, the company built a strong rapport and level of trust with Hilco. When faced with the need to formulate a solution for excess inventory without closing stores, JCPenney asked Hilco to help. Working with JCP, Hilco implemented and tested a program featuring three different clearance concepts within their stores. Based on the test, Hilco and JCPenney selected the preferred concept, refined the program, and rolled it out to a broader network of stores.

Problem to Solve

As part of its plan to rejuvenate the retailer by rationalizing their store base, JCPenney also identified a pool of excess inventory that needed to be monetized without closing any locations.

Solutions Provided
  • 3 Concepts Created and Tested
  • Sold through all excess inventory
Hilco Performance Solutions
Operating Company
Hilco Performance Solutions

The Middle Market Business Transformation Experts

View Company Page

Let’s connect and work together

If your business or a business in your portfolio is facing a current challenge, our team can provide a qualified perspective and experience-based guidance toward an optimized resolution.
Contact us