Thrift-Store Sales Rise, But Donations Fall
Instead of giving goods away, many are reselling them for a few needed bucks to for-profit shops.
A downturn may mean an uptick for sales, but it can be a double-edged sword. Sales go high, but supplies go dry.
"Now that the economy is doing poorly, our stores are doing well," said Wendy Steinmetz, spokeswoman for the family-owned Thrift Town, a four-state chain with 15 stores.
Some stores have been setting what Thrift Town dubs "world records." Their weekly sales have hit all-time highs. A Thrift Town in Sacramento, Calif., is the chain's leader. "We're going gangbusters there," Steinmetz said.
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