Selling & Consignment Agreement
These terms and conditions create a contract between you and Little White Sneakers (“LWS”) under which LWS will purchase/consign your children’s second-hand clothing. In consideration of LWS processing your clothes and the mutual covenants set out herein, you agree to the terms and conditions of this Agreement.
1.LWS is a resale marketplace, offering a convenient option for buying and selling high-quality secondhand children’s clothing, shoes and accessories, among other things. You would like LWS to purchase or consign your children’s clothing, shoes and/or accessories (each piece being, an “Item")..
2..Upon receipt, LWS will evaluate each Item to determine, in its sole discretion, its authenticity, quality, and value. The Item’s condition and size, among other things, will affect its valuation. LWS only accepts Items that it determines at its sole discretion: (a) to be in excellent condition; (b) to sell quickly; and (c) to be authentic. Items that do not meet the above requirements will not be accepted and will be either (a) returned to you or (b) donated to a charity of LWS’s choice – depending on your choice when registering. Regardless of the choice indicated on the Intake Form, any Item that has not been accepted by LWS and that has not been picked up within two weeks of the Invoice Date (as defined below) will be donated to charity..
3.PRICING AND TYPE OF PAYMENT: After your clothing has been processed, LWS will send you a notification to inform you whether any of your items have been accepted and the listing price.
4.NON-NEGOTIABLE PRICING. In consideration for processing your clothes, you agree that the initial listing amounts is final and non-negotiable. Sellers will earn 40% of the resale price in cash or 50% of the resale price in store credit. LWS advises you to review its resale prices online and in store, before you drop-off, to obtain a better understanding of what items are typically priced at. A..
5..CONSIGNMENT TERMS. A) Title to Property. You will continue to own and have title to each Item of Clothing until that item is “Sold”. An item will be considered Sold when: (i) it is sold by LWS to a customer and not returned to LWS within the period specified in LWS’ then-current return policy; or (ii) it is lost, stolen, damaged, or destroyed while in LWS’ possession.
B)Consignment Period. The “Consignment Period” for each Item begins on the date LWS selects the item for consignment and ends 365 days thereafter. You may request in writing that LWS return an item (a "Return Request"), so long as the item has not already been Sold, at anytime after the initial 90 days from the Invoice Date. Once LWS receives your Return Request, it will use commercially reasonable efforts to remove the item from its store and website and will make the item available for pick-up within 7 days. After the Consignment Period if a request has not been issued to pick up items, LWS reserves the right to donate to charity or discount further.
C)Consignment Price. So long as you comply with this Agreement, LWS will use commercially reasonable efforts to sell the Items. In order to market and promote the sale of each item, LWS may in its sole discretion apply an immediate 25% discount to Item. This will aid with the sale and usually occurs after a three month period
D) Consignment Rate. You shall be entitled to 40% of the purchase price of the Items (net of taxes and shipping), or 25% more in store credit..
