Nike Air Max Sakura Christmas Deals
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It turns out that reselling used clothes is extremely lucrative.
Nike Air Max Sakura Christmas Deals, In a recent article published by Business Insider , it was revealed that consignment stores like Buffalo Exchange , Crossroads Trading Co. , and Second Time Around are making major profits off your discarded gear. So much so that secondhand selling has turned into a $16 billion industry. Yes, billion . And it’s growing at a steady 6 percent each year, according to researchers at PrivCo .
Though the selling-trading-buying policies vary from store to store, most of these shops have adopted a similar plan: They offer patrons either cash or store credit in exchange for their gently used clothes, shoes, and accessories. According to Racked , Buffalo Exchange offers 30 percent of the sale in cash or about 50 percent of the sale in store credit; Crossroads Trading Co. offers 50 percent in store credit as well, but 35 percent of the sale in cash; while Second Time Around offers 40 percent of the final selling price.
Nike Air Max Sakura Christmas Deals But thrift/consignment stores have been around forever. Why is there a sudden surge in popularity? According to Adele Meyer , executive director of NARTS , an association for resale professionals, it all started gaining momentum during the recession.
“The economic downturn was met with this market’s numbers going up and up, Meyer told Racked . Since then, people are always looking for ways to save and make money. Even though the economy is better now, the excitement of saving money and hunting for treasures still lingers.
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