Newest Sensation! The Going Out Of Business Sale

Lighthouse Rug Store Oob

Think it’s the truth? Or are they another poser like the Timepiece and Lane Furniture?

Oriental carpet stores are the all time champion of fake “going out of business” sales.

Phony going-out-of-business sales long have plagued Oriental rug retailing here and across the country, dealers say. The industry is susceptible because Oriental rugs can cost thousands of dollars, and many consumers lack the expertise to judge whether a rug’s quality matches its price. That frequently makes the lure of huge markdowns effective, especially when the discount is off a grossly inflated original price.