BY SOUTHGREY.CA — At a time when many businesses are pulling back, reorienting themselves or even shutting their doors forever, some businesses are meeting the challenge, pushing forward and ramping up to satisfy emerging needs. Furniture Farmhouse Finds in Markdale is venturing into the latter category.
Although the COVID-19 pandemic has slowed sales in the little consignment shop over this Spring and Summer, owners Tracey Menzies and Lynn Shaw are banking on a 'shift-to-thrift' trend in the retail market post-COVID. They are also looking ahead to more immediately robust sales coming this Fall and Winter.
As a means to that end, Menzies and Shaw have branched out and recently opened a women and men's resale clothing store on Main Street East, just a hop, skip and a jump from the centre of town. Named The Closet due to its size and nature, it provides good quality fashions at affordable prices.
Its part of a trend called 'recommerce,' the process of selling previously owned products to consumers as a way of recycling goods and saving money for a sustainable economy. According to Retail-Insider.com, "Consumer habits and demands are changing rapidly, and will continue to evolve into the future as society attempts to find stable ground after this pandemic." The website goes on to say that "Sustainability is also a big factor in the recommerce movement as the world moves towards becoming more environmentally-friendly"
Its a trend that started to really take off in 2019. MarketWatch.com reported in June that the resale market grew 25 times faster than new clothing retail last year and that 70% of consumers say they are now open to buying secondhand with 64 million people buying secondhand products globally.
Part of the fun of shopping at The Closet is returning often and discovering that one-of-a-kind item before anyone else does.
As calculating as that sounds, it just may have been necessity that mothered these partners' latest retail invention. While Tracey and Lynn were previously selling ladies' and men's clothing in their existing store, fashion didn't quite fit together with the product mix of furniture and home accents. "We thought that pulling clothing and accessories into its own space was the best thing to do," said Menzies.
Judging by the number of shoppers browsing through the racks mid-week while only recently opening The Closet to walk-in traffic, Tracey and Lynn may be on to something. You'll notice some new clothing among the resale finds. The shop mostly carries women's attire, although there is a small section of menswear for the guys. The Closet is open 7 days-a-week from 10 am to 5 pm with earlier start at 9 am on Saturdays. More information about the consignment store can also be found on the Furniture Farmhouse Finds website. Check it out!
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