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Thread: Well, here's one segment of the economy doing brisk business

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    Default Well, here's one segment of the economy doing brisk business

    Thrift stores!

    Let's just hope they don't run out of inventory.

    http://ap.google.com/article/ALeqM5i...0q2pQD93LK55O0

    (snip) The Salvation Army and Goodwill Industries International, the nation's two largest charitable resale organizations, report year-to-date sales increases of 6 percent to 15 percent.

    The gains are even more pronounced in the private sector. In an industry trade group survey of more than 200 resale and thrift shops, nearly two-thirds of those businesses reported higher sales in 2008 compared to the previous year. The average sales increase: 35 percent.

    Consumers "can't change the price of gas. They can't change the price of food. They can't make the stock market go up again," said Adele Meyer, executive director of the National Association of Resale & Thrift Shops. "But they can control the price of clothes and furniture by being a savvy shopper."

    The Salvation Army store in Dublin, Ga., located halfway between Atlanta and Savannah, has seen its sales increase by 50 percent this year, said store operator Gary Spivey. The comparative affluence of his new customers is obvious.

    "We're seeing a lot more middle-class and upper-class customers we haven't seen before," he said. "Without even asking, you can just look in the parking lot (at their cars)
    ."

    (/snip)
    Former SCJ now in rehab.

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    Banned Melonie's Avatar
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    Default Re: Well, here's one segment of the economy doing brisk business

    you can also add to your list ...

    Dollar General (super low priced retailer)
    Allete (auto repos)
    Cash America (pawn shops)

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