Consignment Stores Flourish Amid Troubled Economy
Consignment offers shoppers the opportunity to buy quality items at heavily discounted rates, industry insiders say.
In an era where many businesses are struggling to keep their doors open, Hyde & Seek Consignment Boutique moved to a larger building in Cockeysville to accommodate a growing demand for its merchandise. Owner Danielle Quattrocche credits the consignment business model, which features gently used merchandise at discounted prices, as the key to her success. "I think our generation is now learning what consignment is about," she said. "It's not the same as a thrift store." Quattrocche, whose store specializes in childrens' products, collects from sellers, who split the profits of items sold within 90 days with her. Anything not sold during that time period is either returned or donated. "In this economy, [sellers] figure they can get a little …
In this Article:
