Businesses for Boomers: Consignment Sales
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Sarah Palin confesses she shops at consignment stores. And many other smart shoppers are doing the same. With the downturn in the economy, consignment shops are booming. Lots of people are looking for bargains in clothing, furniture, toys, you-name-it.
What is the difference between a consignment store, a resale store, and a thrift shop? According to the National Association of Retail and Thrift Shops (NARTS), a retail store buys outright and resells, while a consignment shop takes merchandise and only pays the consignor when the merchandise sells. A thrift shop is usually a non-profit that accepts donations and re-sells …read more