As women prepare to shed winter wardrobes, many of them will trade in unwanted designer clothes and accessories for quick cash or a different wardrobe at trending upscale resale stores.
It’s all part of a resale revolution that has even upscale shoppers wanting cash for their closet castoffs.
Why are resale stores booming to the tune of $17 billion a year? For busy Americans, selling unwanted stuff at garage sales is labor intensive, time consuming and frustrating because of all the haggling. Consignment stores make folks wait for payment until clothes sell – if they ever sell.
Upscale resale stores like Clothes Mentor buy gently used designer women’s clothes and accessories for cash or store credit – right on the spot. Transactions typically take less than 20 minutes. Since the recession, resale retailers are growing at the rate of seven percent a year with 15 percent of the U.S. population shopping in a resale store each year.
Making money isn’t the only reason women love resale. It’s also a great way to replenish their wardrobe with all new fashions at a fraction of the retail price. Plus, resale is environmentally friendly, with Clothes Mentor recycling more than 42 million pieces of clothing over the last decade.
“When we made the decision 10 years ago to franchise Clothes Mentor, we had a feeling we were on to an emerging trend,” said Chad Olson, chief operating officer of NTY Franchise Company, the parent company of Clothes Mentor. “Women want to find new revenue streams to keep their families going, find new clothes at an affordable price and feel good about keeping unwanted clothing and apparel out of the landfills. Spring cleaning for cash is a great way to do it.”
Clothes Mentor offers these tips for turning closet clutter into cash:
• If you’re not sure what to get rid of, use the six-month rule: If you haven’t worn it in six months, let it go!
• Upscale resale retailers want current fashion, so make sure your items have been in style in the past few years.
• Items should be free of wear, tear and stains.
• Cleanliness counts, so wash your clothes before attempting to sell them.
• Save time on the transaction: Many resale stores require a valid ID to get started, so bring it along. Also, have an idea if you want cash or credit toward a purchase in the store.
About Clothes Mentor
Clothes Mentor has a location at Arboretum (8120 Providence Road). Visit www.clothesmentor.com for details.