- What is Les Passees Stock Exchange?
The Les Passees major fundraiser, Stock Exchange, is held every fall for six weeks as an up-scale consignment store for home furnishings. The Stock Exchange features furniture, paintings, rugs, china, jewelry and beautiful decorative items for the home. Member volunteers accept items for consignment from over 1,000 different consignors, and they set up and run the store. Generous commercial property partnerships afford the club retail space, but that space may change every year. Stay in touch to see where Stock Exchange will be this fall.
- Where will the next Stock Exchange be held?
Because Les Passees relies on commercial partnerships for store space, the announcement about this year’s store will be made as soon as possible. For 30 years, Stock Exchange has been held in the fall. Watch the Les Passees website and Facebook page to keep informed about the location and important dates.
- What portion of sales does Stock Exchange keep?
Les Passeess Stock Exchange accepts consignment of a variety of upscale household items with a 30/70 split. The 30 percent share for Les Passees stays in Memphis to benefit the club’s current projects. Review the Consignment Contract for more details. All consignors set prices for their merchandise. Les Passees reserves the right to refuse consignment of any item at any time. Payments for items sold are completed by check within a few weeks of store closing.
- What items do you take at Stock Exchange, and can I consign clothes?
Les Passees Stock Exchange does not accept clothes, with the exception of fine furs. The store sells clean items in good repair for the home, including: furniture, art, rugs, crystal, china, dishes, lamps and more. See a list of items accepted for consignment here.
- What are the details of becoming a Stock Exchange consignor?
During Stock Exchange, consignment begins at the store location approximately four weeks before the store opens. After the store opening, consignment continues for new merchandise until shortly before the store closes for the season. Consignors pay a fee of $20 per 50 items consigned. Consignors receive a 70% share of sale prices. All consignors set prices for their own merchandise including: furniture, art, rugs, crystal, china, dishes, lamps and more. Review the list of items accepted for consignment. Les Passees reserves the right to refuse consignment of any item at any time. Payments to consignors for items sold are completed by check within a few weeks of the store closing.