Resale, consignment stores unaffected by drop in spending
August 24, 2008
Despite the fact that back-to-college spending is expected to drop, resale and consignment shops in DeKalb are seeing steady business.
According to the National Retail Federations’s (NRF) 2008 Back to College Consumer Intentions and Actions Survey, the drop to back-to-school spending is expected to be 7 percent this year.
DeKalb resale and consignment shops seem to have not been affected by the drop in back-to-school spending.
Second Look Resale, 1303 Pleasant St., has seen an increase in business in recent months with people buying and selling.
“Business has picked up both ways,” said Cherry Adams, owner of Second Look Resale. “People are looking for bargains.”
Other businesses like Lavish Thrift, 153 E. Lincoln Highway, have received numerous phone calls a day regarding resale.
“People trying to sell their stuff is usually pretty steady,” said Sara Wiley, sales manager of Lavish Thrift.
Whatever, 125 S. Fourth St., has also seen an increase in the sales of furniture, kitchen items and bedding.
“Recently we have seen an increase,” said Nadine King, owner of Whatever.
King credits the increase in sales to students moving back in.
The expected drop in sales is not affecting sophomore business major Aaron Komnick.
“I haven’t really done anything differently. I’m still spending money,” Komnick said. “I think that’s just being a college student.”