Margaret's Fine Consignments in Louisville, Kentucky
Come visit Margaret's for all your fashion needs. We offer an impressive selection of men's clothing as well as designer shoes, clothing and jewelry.
How Margaret's Works
Margaret's receiving window is open Tuesday through Saturday from 10AM til 5PM. Our convenient drive through window is located at the rear of our store. Our experienced staff will review your items and immediately let you know what we can accept. Please don't be offended if we do not accept your items. We take pride in knowing what our customers are purchasing in the store! New consignors will review/sign our consignment policy and set up their account.
What We Consign
Margaret's is committed to stocking our shop with high end labels with affordable prices. Any clothing must be current styles and not more then 3 years old. We can not accept items with spots, holes, tears or missing buttons. All clothing must be clean, pressed and on hangers. Accessories such as purses, hats, shoes and jewelry must be in like new condition. Household items must be in good condition, clean with no chips, stains or broken parts. We reserve the right to accept or reject any items for consignment.
How It Works
Margaret's is committed to pricing your items at a level that will most likely result in a sale. Our experienced staff researches current prices and is well versed on what is selling well in the store. Consignors may determine the selling price on a specific item. In such circumstances, however, Margaret's may reject any price that is believed to not result in a sale. A handling fee of $2 or $5 depending on price range is added to the sales price of all items. Items priced under $100 will remain on the sales floor for 30 days at full price. Day 31-60 each item will be reduced by 25% Items priced over $100 will remain on the floor for 30 days at full price and reduced by 30% day 31-60 and an additional 30% days 61-90.
How We Pay
Commissions are calculated based on the price, less the $2 or $5 handling fee and range from 50% to 60% depending on the price. Consignors may collect on their account at the payout window inside the store or call to find out account information during the hours listed below. We cannot disclose account balance over the phone and every consignor must present photo ID when collecting on their account. When calling to inquire about your account please have your Margaret's account number.
You can collect on your account daily at the front register. If you use your account money as store credit to shop you will receive a 10% discount on your purchase!
If Your Item Doesn't Sell
It is the consignor's responsibility to locate any unsold items on the sales floor. A list of sold and unsold items can be provided to you at the pay out window during the hours listed above. If consignor does not collect unsold items by expiration date the items will become property of Margaret's Fine Consignment. Please note that Margaret's Fine Consignment is not responsible for lost, stolen or damaged items.