Profit Management Promotions (PMP) is one of the nation's leading sales promotion firms serving the home furnishings industry. Established in 1985, the company has a proven track record in conducting high-impact sales promotions that help national furniture retailers raise capital or liquidate under-performing stores. PMP also delivers a full range of consulting and marketing services designed to help furniture retailers optimize profitability and capitalize on strategic growth opportunities.
The company is headquartered in Doylestown, Pennsylvania, and maintains regional offices in New York, New Jersey, North Carolina and California. At present, PMP is staffed by more than 100 professionals.
PMP is led by an experienced management team with deep expertise in all facets of retailing. The firm has worked with a distinguished roster of national and regional furniture retailers - including Sears Homelife Furniture and Levitz Furniture - helping those organizations to maximize cash and net profit in store liquidation scenarios. On average, PMP is able to successfully sell a store's annual volume in less than 12 weeks with a net profit of 15 percent.
Profit Management Promotions was founded by Mike Egan, a 35-year veteran of the furniture sales promotion business. Egan has worked with more than 1,000 stores and has witnessed the full range of financial , merchandising , and strategic challenges confronting retail industry clients. His experience and commitment to helping companies successfully address these challenges has enabled him to continually expand PMP's scope of services - as well as attract a growing roster of well-known national clients that require progressively broader levels of support in raising capital and implementing store liquidation programs.
The PMP leadership team also includes Hector Mustafa, a 20-year industry veteran, who serves as the firm's Vice President of Operations; and Ron Cooper, who brings more than 25 years of experience in retailing and merchandising to his position as PMP's Director of Sales & Marketing.
We are part of the following associations: