Consignment Contract

NNC CONSIGNMENT CONTRACT

UPDATED 6/1/23

SALE PROCEDURES:

NNC ESTABLISHES THE SELLING PRICE OF EACH ITEM AND THE TIMING AND PERCENTAGE OF ANY MARKDOWNS. ANY ITEMS DROPPED OFF FOR CONSIGNMENT NOT DEEMED SUITABLE BY NEARLY NEW WILL BE PULLED AND DISPOSED OF AT OUR DISCRETION. ALL ITEMS TAKEN IN ON CONSIGNMENT WILL BE SOLD AT 50/50 .


CONSIGNMENT GUIDELINES:

NNC RESERVES THE RIGHT TO REFUSE ANY ITEM FOR CONSIGNMENT. IF AN ITEM IS ACCEPTED AND LATER DETERMINED NOT TO BE WITHIN THESE GUIDELINES, THE ITEM WILL BE IMMEDIATELY DONATED. CONSIGNMENT LENGTH OF TIME WILL BE 8 WEEKS BEGINNING AT THE TIME THE ITEM IS PROCESSED AND PRICED. ITEMS NOT SOLD BY THE END OF THE CONSIGNMENT TERM WILL BECOME STORE PROPERTY TO SELL OR DISPOSE OF AT OUR DISCRETION. IF CONSIGNOR WISHES TO RETRIEVE UNSOLD ITEMS BEFORE DONATION, THEY MUST PHYSICALLY REMOVE THE ITEMS FROM THE SALES FLOOR. YOU CAN REQUEST A LIST OF ITEMS STILL AVAILABLE ON YOUR ACCOUNT. EACH ITEM PULLED BEFORE 6 WEEKS FROM PROCESS DATE WILL INCUR A $1.00 EARLY PULL CHARGE TO COVER PROCESSING. NNC WILL NOT PROVIDE END OF CONSIGNMENT NOTIFICATIONS . HOLIDAY ITEMS WILL BE IMMEDIATELY DONATED AFTER THAT HOLIDAY . WE ONLY ACCEPT CLOTHING THAT IS IN SEASON AND IN CURRENT FASHION. ITEMS MUST BE FRESHLY LAUNDERED, CLEAN, WRINKLE FREE, AND IN GREAT CONDITION. IF NOT, THEY WILL BE DISPOSED OF IMMEDIATELY AT THE CREW MEMBERS DISCRETION. ELECTRICAL AND BATTERY OPERATED ITEMS MUST HAVE SAFE ELECTRIAL CORDS AND/OR BATTERIES ALREADY INSTALLED AND IN WORKING ORDER. WE DO NOT FURNISH BATTERIES OR DO REPAIRS. CONSIGNED ITEMS ARE PRICED ACCORDING TO CONDITION AND PRESENT MARKET VALUE. CONSIGNOR MAY BE CHARGED A HANDLING FEE FOR EXCESSIVE DONATES IN ORDER TO HELP COVER OUR COSTS. NNC IS NOT RESPONSIBLE FOR ANY ITEMS LOST, DAMAGED, OR STOLEN . FURNITURE ITEMS PRICED $20.00 OR MORE WILL NEVER BE DONATED WITHOUT YOUR CONSENT. WE DO RESERVE THE RIGHT TO MARK DOWN FURNITURE AS WE SEE FIT.

DISCOUNT SYSTEM:

ON THE CLOTHING WE HAVE A COLORED TAG DISCOUNT SYSTEM THAT IS BASED ON THE AMOUNT OF CLOTHING ITEMS RECEIVED FROM CONSIGNORS COLLECTIVELY. DURING THE 8 WEEKS THAT YOUR CLOTHING ITEMS ARE ON OUR SALES FLOOR THE ITEMS WILL BE DISCOUNTED FROM 10%-75% OFF OF THE TAGGED PRICE . THEY WILL GO THROUGH 6,000 CLOTHING ITEMS AT FULL PRICE THEN 10% OFF FOR ANOTHER 2,000 CLOTHING ITEMS , 20% OFF FOR ANOTHER 2,000, ETC., UP TO 75% OFF, THEN THEY WILL GO BACK TO FULL PRICE. PLEASE ASK US IF YOU NEED CLARIFICATION ON THIS.


INTAKE GUIDELINES:

NO APPOINTMENT IS NECCESARY. WE ARE OPEN SEVEN DAYS A WEEK .
ITEMS ARE ACCEPTED MONDAY-SATURDAY 9-6 . THE ONLY DROP-OFFS THAT WE WILL ACCEPT ON SUNDAY IS FURNITURE . WE ACCEPT UP TO 30 ITEMS A DAY PER CONSIGNOR . THIS INCLUDES CLOTHING AND OTHER MISC. HOME ITEMS. ITEMS THAT COME IN AS SETS (DISHES, BEDDING, CLOTHING, ETC.) WILL COUNT AS ONE ITEM. ALL CLOTHING MUST BE ON HANGERS BEFORE YOU LEAVE. YOU ARE WELCOME TO USE OUR HANGER STATION OR WE CAN SEND HANGERS HOME WITH YOU TO BRING YOUR ITEMS BACK ON. NNC CREW
WILL BE RESPONSIBLE FOR PRICING ALL ITEMS. PLEASE NOTIFY A MANAGER AT THE CUSTOMER SERVICE DESK IF YOUR ITEM IS HIGH-END OR IF YOU ANTICIPATE AN ABOVE AVERAGE PRICE FOR YOUR ITEM. WE WILL TELL YOU THEN IF THE PRICE THAT YOU REQUEST ON A SPECIFIC ITEM WILL BE POSSIBLE FOR OUR STORE.
WHITE TAGS: NNC MAY CHOOSE TO “WHITE TAG” CERTAIN MORE EXPENSIVE ITEMS. THE CONSIGNOR IS RESPONSIBLE TO NOTIFY INTAKE OF THE PRICE PAID FOR ANY AND ALL EXPENSIVE/SPECIALTY ITEMS. WHITE TAGGED ITEMS WILL NOT GO THROUGH OUR DAILY DISCOUNTS AND WILL ONLY BE IN ON SALE ONCE AT THE END OF EVERY MONTH. NNC RESERVES THE RIGHT TO MARKDOWN ANY AND ALL ITEMS ON OUR SALES FLOOR AS WE SEE FIT.


PAYMENT TO CONSIGNOR:

CONSIGNOR MAY USE SALES EARNINGS AS STORE CREDIT IN STORE & EARN AN EXTRA 10% ON THE STORE CREDIT AMOUNT USED AT CHECKOUT. PAYOUTS UP TO $20 WILL BE PAID IN CASH ANYTIME THAT WE ARE OPEN; $20.01 AND OVER WILL BE PAID BY CHECK TO ACCOUNT HOLDERS NAME ONLY AND MAY BE PICKED UP THE FOLLOWING DAY . IF YOU WOULD LIKE YOUR CHECK MAILED THERE WILL BE A $5 CERTIFIED POSTAGE FEE TAKEN FROM THE ACCOUNT BALANCE . CONSIGNOR MUST DISPLAY A VALID DRIVER'S LICENSE (ID IF UNDER AGE 16) THAT MATCHES THE ACCOUNT TO USE STORE CREDIT OR TO RECIEVE A PAYOUT. FUNDS ON ACCOUNTS THAT SHOW ZERO TRANSACTIONS WITHIN ANY 6 MONTH PERIOD WILL BE FORFEITED.


THIS AGREEMENT IS VALID FOR ALL CONSIGNMENT DROP-OFFS FOR ANY ASSIGNED ACCOUNT FOR AS LONG AS THE ACCOUNT IS ACTIVE. WE RESERVE THE RIGHT OT MAKE CHANGES IN THIS AGREEMENT FROM TIME TO TIME WITHOUT CONSENT FROM CONSIGNOR.