MINNEAPOLIS, MN - (Marketwired - Nov 14, 2013) - Each year, more than 11% of American shoppers head to factory outlet malls looking for savings on quality brand name gifts. But, even more shoppers, 12-15% of them, are now checking out their local consignment and resale shops, making resale one of the fastest growing segments of the retail market.
According to NARTS: The Association of Resale Professionals, resale is a multi-billion dollar a year industry, growing at a rate of about 7% each year for the past two years. And this growth comes during an economic downturn when other businesses have been forced to close their doors.
"These numbers are exciting, but they don't surprise us," says Pat Quinn, director of Play It Again Sports. "Our customers come to us to find the latest in quality sports apparel, equipment and gear at savings of 50 - 70% over 'traditional' sporting goods stores. We offer an excellent shopping experience, the latest styles and models, and staff that know the products and play the game. But we also offer a mix of gently-used and new, which gives our customers the opportunity to buy the highest quality at the lowest prices. It's all about offering value at Play It Again Sports. Whether you are buying or selling you come out a winner."
According to NARTS, there is no "typical resale shopper." Consumers from all economic levels frequent the more than 25,000 resale and consignment shops nationwide -- some searching for bargains, others hunting for an occasional "treasure," and many because they understand the environmental importance of reducing pointless waste in landfills.
"At Play It Again Sports, we not only provide local families with a value-priced source for quality, in-season sporting goods and equipment," says Quinn. "We also give them a way to turn last year's outgrown or unused equipment into cash, rather than simply throwing it away. This can help stretch holiday shopping budgets, creating savings that can be used for holiday entertaining, family outings or future planning."
For more information about Play It Again Sports, please visit www.playitagainsports.com.
Play It Again Sports® leads the nation in the buying and selling of quality used sports and fitness equipment. There are nearly 330 franchised stores in the United States and Canada. Play It Again Sports buys, sells, and trades quality used and new brand name sports & fitness equipment. Play It Again Sports is franchised by Winmark Corporation, which also franchises Once Upon A Child®, Plato's Closet®, Music Go Round® and Style Encore®. For more information visit www.playitagainsports.com.
Winmark Corporation, based in Minneapolis, creates, supports and finances business. Specializing in leasing and developing franchises for retail stores that buy, sell, and trade new and used merchandise, it is the parent company of Play It Again Sports®, Once Upon A Child®, Plato's Closet®, Music Go Round®, Style Encore®, Wirth Business Credit®, Winmark Capital® and www.WBSOnline.com. Winmark has more than 965 franchise territories and is publicly traded at (NASDAQ: WINA). For more information visit www.winmarkcorporation.com.
Winmark Business Solutions (WBS) is a subsidiary of Winmark Corporation, a multi-brand franchisor with over 930 franchised territories in the US and Canada. WBS provides small business information, tools, templates, as well as discounts from preferred vendor partnerships designed to help small business owners save time and money on operating their business. The comprehensive WBSonline.com website offers a 6,000 page business resource guide in addition to a virtual forum for small business owners to share, connect and learn from one another in the WBS PeerSphere® community. For more information about Winmark Business Solutions and their free, website for small business owners, please visit www.WBSonline.com.
Director of Marketing