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With
the youth of yesterday and today getting older
and spending more time and money in today's economy,
more retail shops in the future will need to change
their format to cater to consumer needs of tomorrow.
In doing this, it is prevalent that more hip urban
shops, and vintage clothing stores will open in
the days to come. It is no secret that the mark
up in a vintage clothing store is different than
that of most typical retail shops, some feel that
the margin of profit on the merchandise is well
worth the time and effort spent acquiring it.
This is because it is common for most retail shops
to get anywhere from an 80% -150% mark up on items
purchased from a wholesaler, where it is not un-common
for a vintage shop to get anywhere from a 200%,
up to even 500% on sellable items. The profit
margin is quite a bit better than that of a typical
retail shop, not including the expenses in the
time and effort used to find the merchandise.
Perhaps this is what draws individuals to this
industry in the first place. The cliental for
a vintage clothing store doesn't generally mind
the mark up, because they know that it is virtually
impossible to go anywhere with such a selection
of particular items that they are searching for.
It is then up to the Shop itself to add a hip
environment that will draw their cliental to them.
Most successful vintage clothing stores offer
a unique environment with a distinct personality
that remind customers of when shopping use to
be a great experience. As our culture becomes
even more shopping obsessed, vintage clothing
stores are helping to inject culture back into
commerce. Because of this most vintage clothing
stores can be found in cultural walking plazas
that draw a daily cliental to tattoo shops art
galleries or other interesting surrounding shops.
With existing vintage stores in the market and
more to come in the future, ways for buyers to
obtain merchandise will have to evolve as well.
The ideal situation for these stores would be
to keep the same mark up, reduce the cost of storage,
and save time on finding the merchandise that
will fill the racks. One way to do this is to
give the opportunity for shop buyers to purchase
items in a similar format to that of a typical
retail shop.
Photos: Counter Culture
| Deep Ellum, dallas
www.ccvintage.com
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