consignment shops

Consignment shops can be a great place to find great deals, and make some money. If you’re interested in consigning your clothes, here’s a bit of information to get you started.

Percentage: Most shops work on a % basis. Your items stay there for a prescribed time period and whatever sells during that period, you earn a % of the price. At the end of the consignment period, you are either responsible for going and retrieving your items or they become property of the shop and get donated. Encore in Kennett pays a 65/35 split, but their fees are a bit higher-$15 a year and $2 per visit. The Growing Tree in Kennett pays 50/50 and then $0.10 per item processing fee. Once Upon a Child in Pike Creek pays a flat rate. You get cash on the spot, but you have completely relinquished your items and imo, their payouts are lower.

Fees: As I stated above, be certain of what fees you’re paying in addition to the % that the store is getting.

Earning: Typically, as a consignor, you can expect to earn about what you’d get for the items if you had a yard sale, without all the hassle of a yard sale.Items are generally priced at 30-50% of their original cost, and then you’ll get about half of that, so 15-25%. That is usually what yard sale items are priced at, 15-25% of their original cost.

Brands: Many shops are only interested in higher-end brand names. Leave your Circo and Faded Glory at home. Since those items can be gotten so cheap at Target and Walmart, they have little resale value. For kids clothes, think Gap, Baby Lulu, Polo for the best returns. Many places will still take Carters and Osh Kosh if it’s in good condition. For women, Ann Taylor, Talbots, Banana Republic and brands like that do the best.

Items: Encore takes housewares as well as clothing. The Growing Tree takes women’s and kids’ clothes, accessories, handbags, toys and books. Once Upon a Child takes many different baby items. So does Baz on 896 in New London. Baz also takes maternity wear.

Condition: Clean your items and press them. They need to look like new on a hanger. Would you purchase a shirt that had spots, was wrinkled or missing buttons? Probably not, unless you were at Goodwill. Only bring them seasonal items. Even though you’re cleaning summer stuff out of your closet right now, it won’t be eligible for consignment until after the holidays. But as I clean out my closet and the kids’ closet, I create three piles: consign now, consign next season, donate.

Shopping: Many stores keep an account running of your earnings. You can then either receive payment or use it as store credit. It’s a fun way to shop, think of trading in your old stuff for new stuff.

Great Buys: I have found some terrific buys at consignment shops. A cashmere twin set from Ralph Lauren for $8. Timberland hiking shoes for $7. Melissa & Doug toys for $3.50. All are in great condition. I also got new winter coats for the boys-L.L.Bean and Lands End, for about 25% of their original cost.

What to look for: Look for great quality toys. Winter coats and boots, specialty wear like holiday outfits and Halloween costumes. For women’s clothing, you can find many great things. You know how it is, you buy something, take it home and you just don’t care for it or for the way it fits. Many items come to consignment shops for just that reason and many are new with tags.

My 2 cents: I’ve visited several shops in this area. Most are like an outlet store–hit or miss. Sometimes you go and find lots of great deals, sometimes nothing. I’ve consigned things at Once Upon a Child and at the Growing Tree. The pros about Once Upon a Child are that you leave with cash and you don’t have to be bothered with retrieving your items if they don’t sell. The cons are that I think their payouts are less, I don’t find their staff to be particularly friendly and they are very hasty in going through your items. In their defense, they do purchase them from you, so they are stuck with them if they don’t sell, hence the reason they might be more selective and pay out less. I haven’t gone to Encore because I feel their fees are too high, plus they only take items on certain days of the week and I’ve heard it’s a madhouse, moms get there an hour before opening to get in line. No thanks! I’ve shopped at Baz and I think her prices are a bit too high for the quality of items she sells. I saw two identical ride on Fisher Price toys. One at Baz was $22 and it was out on the porch, quite sun-faded and dirty. The identical toy was at The Growing Tree for $25, but was in excellent, like-new condition. I like the atmosphere at The Growing Tree and Baz much better than OUAC, which is very warehouse like and impersonal. I haven’t been to Plato’s Closet just because my kids aren’t in that age group (teens and tweens) but it’s worth a look if you have kids that age. Plato’s and OUAC are chains/franchises owned by the same company.

Overall, I just find it fun to do and it is a great way to save money on some things and get back some of what you’ve already spent. Good luck!

Target

I just read online that Target has a $10 coupon for Mohawk rugs on it’s website. I looked and sure enough it’s there. Site will allow you to print two, and apparently Target has quite a number of Mohawk throw rugs in the $10-$15 range.

With wet and winter weather coming, I’m excited about this! We need these.

Also, the Kraft cheese is $2, there’s a $0.75 printable. I didn’t print it, which is the only way to see if it’s a mfr coupon or a store coupon. But if it’s a store coupon, you can stack it with the Kraft mfr coupons that were in this past Sunday’s paper. Cheap cheese! Even $1.25 for an 8oz brick is still a good price.

Debating whether I want to stick with my original plan for today of having an indoor stay at home day in our jammies, or drag the kids to Target and then possibly Chick Fil A for dinner.

Life without TV?

My husband wants to get rid of cable TV. I’m not completely on board with the idea yet, but have a feeling that I will be. Whenever he is trying to convince me of something, one of his tactics is to appeal to my inner cheapskate, and that usually works.

Yesterday he sent me this article.

First of all, we really don’t watch much television. We didn’t even have cable, using an antenna on the roof, up until a few years ago when cable internet was finally available here. We’ve had cable for less than five years. I don’t like most shows on tv. I see friends on facebook posting that they are watching this and that, none of it interests me in the least. It doesn’t bother me at all that many pop culture references go right over my head because I haven’t seen a show or a movie.

And, I hate Comcast. Hate them hate them hate them. Our rates keep going up and service keeps getting worse.

Any of the shows that we do watch are available online and that’s usually how I watch them anyway. I love Jersey Shore, yes I do. But cannot stay up until 10 pm to watch it, so I watch it online. Same goes for The Daily Show and Colbert. And that’s about it, that’s all we watch.

In appealing to my inner cheapskate, my husband has crunched all the numbers. If we buy the needed electronics so that we can stream tv from the computer to our TVs and cancel the cable, it will take about six months for us to break even. Right now what I usually do is take the laptop (17″ screen) into the bedroom with me and watch it there when I want.

When we got rid of our house phone and went to cells only, it was a bit unnerving to start, now after 9 years I barely remember what it’s like to have a house phone. I think I will adapt just the same without tv.

The article I linked mentions many benefits to dropping your TV. It’s a good read, definitely worth checking out.

A Garbage Challenge

What if I asked you to go to your wallet, take out a $20 bill, and throw it away? That’s crazy, no one would do that, right?

I just did. Not literally, but I threw $20 away.

Today is our garbage day, so as usual, I cleaned out the refrigerator. Had to throw out some old lunchmeat, an unopened container of organic baby salad greens that was wilted, a few wrinkled lemons, few limes, wrinkled jalapenos, brown head of iceberg lettuce purchased for BLTs that we never made……did a rough tally in my head and realized that I threw out over $18 worth of groceries. I’ve been thinking about starting a compost pile, but even so, it’s still a bunch of groceries that I purchased and we never ate–regardless of whether or not I can use it as soil next year.

On hotcouponworld, we’re doing a Garbage Day Challenge. Trying to waste as little as possible each week, thus resulting in lower grocery bills.

So I’m encouraging all of my readers to do the same. Each Garbage-Day-Eve, clean out your fridge and tally up what you’re throwing out. Write it down, makes it more real. Look at it over the course of 3-5 weeks, and you’ll probably be amazed at the value. I had gotten really good at buying less and not wasting, but have definitely gotten off track!

Use the information to change your shopping habits. If you’re throwing out a few slices of lunchmeat each week, start to purchase only 1/2 or 3/4 of a lb, instead of a whole lb. If a quart of milk is going bad each week, buy a gallon and a half, instead of 2 full gallons. Throwing out 2 brown bananas? Buy 2 fewer bananas next time. Better yet, make banana bread too and then don’t purchase a sweet-treat at the store–homemade is better anyway. I’d rather use up all my lunchmeat and take PB&J on the last day of the week, instead of throwing out $5 worth of lunchmeat.

The moms on hotcouponworld are also coming up with some really creative meal ideas for leftovers, I’ll do a post on them this week too.