Thrift Stores Thrive
With the increase in prices of gas and food, there is less disposable income, which has translated into an increase in business for thrift stores. Boy, thrift stores are a gold mine.
An industry survey of thrift and resale stores shows 70% reported an increase in sales last month compared to April of 2007. There was a reported 75% increase in new customers.
The resale and thrift industry is one of a few segments of the retail industry that usually withstands a general downturn, according to the National Association of Retail and Thrift shops. Instead of suffering from consumer spending cutbacks, thrift and resale stores tend to draw more customers during downturns because of the price discounts, the association reported recently.
In personal budget training, you learn to control your spending and spot some great deals. You can even pick up items that were never used or worn before. No, I didn't buy the chicken at a thrift store, it's modern art.
Labels: money saving tip
Posted By: Joe on Tuesday, June 17, 2008
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1 Comments:
unfortunately the people that have regularly used thrift stores in the past may be getting edged out.
My wife says the pickings have been slim lately at the one she frequents.
We really depend on these stores for clothing for growing kids.
Buying retail clothing for kids is insane at times. Even on sale it can be a bit much when the kid grows out of it in a month.
The thrift stores have been a lifeline in this regards.
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