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CONSIGNMENT POLICY
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WE ASK THAT CONSIGNORS REVIEW OUR POLICY IN DETAIL TO FULLY UNDERSAND NEW LEAF'S POLICY BEFORE CONSIGNING THEIR MERCHANDISE. NEW LEAF IS NOT RESPONSIBLE FOR LOST, STOLEN, OR DAMAGED PROPERTY.
CONSIGNMENT IS BY APPOINMENT ONLY. FIRST TIME CONSIGNMENT: 5 ITEM MINIMUM - 20 ITEM MAXIMUM. AFTER YOUR FIRST APPOINTMENT THERE IS NO LIMIT. WE DO REQUEST THAT WHEN YOU MAKE AN APPOINTMENT THAT YOU LET US KNOW APPROXIMATELY HOW MANY ITEMS YOU WILL BE BRINGING IN SO THAT WE CAN ALLOCATE THE APPROPRIATE TIME FOR YOUR APPOINTMENT.
ANNUAL REGISTRATION FEE OF $10.00 IS REQUIRED PAYABLE BY CASH, CHECK OR THROUGH YOUR CONSIGNOR ACCOUNT IF YOU HAVE A BALANCE IN YOUR ACCOUNT.
REQUIRED CONSIGNMENT PERIOD IS 60 DAYS - ITEMS WILL NOT BE RETURNED AND WILL BE DISCOUNTED 10% to 25% IN TWO WEEK INTERVALS. AFTER 4 WEEKS YOUR MERCHANDISE WILL MOVE TO OUR FRUGAL FASHIONS DEPARTMENT AND BE MARKED DOWN 75%. AFTER 60 DAYS MERCHANDISE AUTOMATICALLY BECOMES THE PROPERTY OF NEW LEAF. NEW LEAF RESERVES THE RIGHT TO RUN SPECIAL PROMOTIONS TO EXPEDITE THE SALE OF MERCHANDISE AT ANY TIME. AN INVENTORY SHEET OF ALL ACCEPTED MERCHANDISE IS PROVIDED WITH THE DATE MERCHANDISE IS PLACED ON THE SELLING FLOOR. FOR ALL DONATED MERCHANDISE, ARRANGEMENTS WILL BE MADE FOR A YEAR-END TAX WRITE OFF FROM ONE OF THE LOCAL NON-PROFIT ORGANIZATIONS. DOCUMENTATION WILL BE MAILED TO YOU BY MID-JANUARY.
COMMISSIONS AND HANDLING FEES. THERE IS A HANDLING FEE FOR EACH 'SOLD' ITEM. THE FEE IS BASED ON THE ORIGNAL ASKING PRICE WITH A MIMIMUM OF 50 CENTS AND GRADUATING TO A MAXIMUM OF $5.00 ON HIGH END ITEMS. CONSIGNORS' ACCOUNTS WILL BE CREDITED 40% COMMISSION BASED ON THE FINAL SELLING PRICE OF EACH ITEM MINUS THE APPROPRIATE HANDLING FEES. CHECKS WILL BE MAILED BY THE SECOND WEEK FOLLOWING THE END OF EACH QUARTER.
WE ARE VERY HAPPY TO ANSWER ANY OF YOUR QUESTIONS REGARDING NEW LEAF'S POLICY.
