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'Recession-proof' stores cashing in

Bargains galore in Lodi, Galt secondhand stores

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Posted: Wednesday, July 14, 2010 11:09 pm | Updated: 2:20 pm, Fri Sep 3, 2010.

As people cut their discretionary spending habits during the Great Recession, stores selling used merchandise at discount prices are thriving.

Secondhand and consignment stores grew at a rate of about 7 percent in 2009, according to the National Association of Resale Professionals, the world's largest resale trade association.

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1 comment:

  • Linda Wills posted at 8:49 am on Thu, Jul 15, 2010.

    Linda Wills Posts: 1

    Contrary to what you may hear from "some" consignments stores, the industry is NOT recession proof!. I've been in the consignment clothing biz for 13 years and our sales were strong last year (best ever) but this year we're down 28% YTD. Why? Simply because as the recession deepens fewer people have quality clothing to consign because they have not been buying new clothing for the last two years! Our industry lags the economy for about a year. Ask consignment stores how they're doing THIS year and you'll likely get negative numbers!



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