Tuesday, June 15, 2010

How To Succeed in a Recession Without Really Trying -Post 2

In spite of the current economic downturn in America, there are some local businesses who have seen positive growth in sales. The recession has not had a negative effect on secondhand clothing stores in central Oklahoma. Businesses like Outreach Thrift Store and Daisy Exchange, have seen an increase in sales over the past year, despite the havoc spreading throughout the state budget and housing markets all over the country.
Outreach Thrift store has been in its 12th Ave. location for five years and owned by Annie and Craig Doll. The store works with local charities to provide vouchers toward free clothing to those in need, in addition to their for-profit sales. Daisy Exchange, located on I-35 in Moore, has been open for three years. Daisy Exchange will buy customers used items in exchange for either cash or store credit.
Daisy Exchange manager, Danielle Rider said people are coming in to shop and sell more and more.
“The economy has had a really positive effect on us, it’s really sad for other businesses, but it hasn’t had a negative effect on us,” she said.
Annie Doll, owner of Outreach Thrift Store, said when the economy began declining over a year ago, her sales were up around 10 percent, but now have leveled off a little.
“The economy doesn’t really seem like it has impacted us yet, across the board we haven’t noticed it yet,” she said.
Both stores have a positive outlook on the future of their businesses. Doll said that as the crisis continues sales may increase, but she and her husband are going to continue to do what they are doing and wait to see what will happen.
“We may yet see the full impact of the economic crisis, its like the jury’s out on that, we’ll have to see,” Doll said.

1 comment:

  1. Katherine
    good start to the blog. Lets find some national stats or something to hinge your lead on when we can. julie

    ReplyDelete