Second Hand Retail Is Booming Business

By: Lauri Martin Email
By: Lauri Martin Email

Most of us are looking for new ways to pick up some extra cash.

Consignment stores, thrift shops, whatever you want to call them, have been around for a long time, but now, they're busier than ever.

The owner of Chic Consign near Centennial and Garden of the Gods, says her 7-week old business is booming. “We have 8-10 people everyday that are new customers,” says Chom Suk, part-owner of the store.

Lots of their clothes, purses and shoes are brand new; some are used. It’s mostly namebrand stuff at a discount. "We target upper to middle class consumers," said Ruth Barnabe, part owner of Chic Consign.

At Plato's Closet, they're in the business of selling second hand clothes. "I spent $136. We got 3 jeans, 10 shirts, a few sweatshirts and a belt," said one shopper.

So how do these places work? Some stores will buy your extra clothes from you on the spot, for what they think is a fair price. Consignment stores will sell your item and give you 50 percent of that sale. The catch: you can't collect the dough until the item is sold.

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