Secondhand Stores Moving Into the Retail Mainstream By Logan Malloy Gina Cloepfil Ryan Fricke

Types of 2 nd hand stores  Online Ebay Ebay Amazon Amazon  Clothing Goodwill Goodwill Goodwill Buffalo exchange Buffalo exchange  Electronics Game crazy Game crazy Shopzilla Shopzilla  Sports Play it again sports Play it again sports  Appliances  Etc.

2 nd hand facts  In 2002 about $17 billion spent at 2 nd hand stores  High end antiques and furniture sold by auction are excluded  Only represented 2% of all dollars spent on apparel (but growing)  2 nd hand stores are gaining reputations for high- quality merchandise at low prices.

What supports 2 nd hand stores?  ''Some people get tired of things very quickly''  Rapid changes in technology  Used music  More attractive to shoppers “Goodwill Industries International, for example, has added coffee bars to a half-dozen stores and has begun putting couches in its used-book areas so customers can loll about.” “Goodwill Industries International, for example, has added coffee bars to a half-dozen stores and has begun putting couches in its used-book areas so customers can loll about.”

Conclusion  2 nd hand stores used to be targeted towards minority  Consumers now look to 2 nd hand stores for hot deals on high quality goods  2 nd hand stores using sophisticated marketing techniques and opening multiple locations  2 nd hand stores will continue growing while stealing a share of consumers’ spending

 Source: 7C0A9669C8B63&scp=1&sq=Store+Layout+and+Design&st=nyt 7C0A9669C8B63&scp=1&sq=Store+Layout+and+Design&st=nyt 7C0A9669C8B63&scp=1&sq=Store+Layout+and+Design&st=nyt