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Industry

•A shop that sells used articles, especially clothing, as to benefit a charitable organization.•The number of private sector thrifts supervised by OTS stood at 765 with assets of $941.7 billion at the end of 2009.•Thrift earnings showed signs of stabilizing in 2009 as theindustry posted a profit of $505 million in the fourth quarter and essentially broke even for the year.Office of Thrift Supervision / 2009 Fact Book

Market

• Today’s economy is helping the resale industry continue to grow at record rates. In fact, there are more than 25,000 consignment, resale and thrift stores in the United States.

• Society’s increasing awareness of the importance of reducing waste and recycling will influence the entire resale industry in a positive way.

• According to America’s Research Group, approximately 16 -18% of Americans will shop at a thrift store during a given year.

Competition

• The Goodwill- Strong customer base with strong reputable name.

• The Salvation Army- recognizable name with a great cause.

• Thrift Mart- Huge store with a verity of products.