It’s a Wednesday afternoon and pouring in New York. A soaked UPS deliveryman walks into an Upper East Side store and delivers a large box. He isn’t the only one bringing in goods though. As the morning rolls by a steady stream of customers make their way into Michael’s, The Consignment Shop for Women.
With more than 600 consignors, Michael’s has established itself as one of the leading consignment stores in New York, and while many small businesses are struggling to keep afloat amid declining sales, this shop has managed to keep the customers coming.
Prada, Gucci and Chanel against one wall. Christian Dior, Louboutin, Hermes and many others against the other. There are designer brands everywhere, and as customers dig through the racks of clothing and handbags, and browse the numerous shoe shelves, I couldn’t help but notice the look of delight on their faces.
As a matter of fact, how could a woman not be delighted? Imagine getting a stylish Marc Jacobs clutch at less than 50% of the retail cost, or that classic (and flawless) Chanel bag that’s never in stock for way less than a new one ... or some DKNY capris for less than $40.(Like shopping for used stuff? Check out this article comparing prices at Craigslist, eBay and consignment stores.)
Now, while some people may thumb their noses at shopping at consignment stores because they don’t like the idea of purchasing used goods, it has become quite popular in this economically trying time. I must admit that I have always been quite wary of consignment shopping, but it didn’t take me very long to warm up. Before long, I too began flipping through racks with widened eyes in utter disbelief at the remarkable savings.
But while the huge savings often draw customers in, the fact that people can bring in their old clothing and bring home 50% of the proceeds keeps them coming back. Surprisingly many of the items brought in are practically new.