AlmondMilk
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It depends on the clothes. The last shirt I bought was $10 at Old Navy.
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What price range do you pay for your clothes?
- Thread starter TickTockMan
- Start date
Yooper
Back to Creepy Old Fart
I don't pay a whole bunch for clothes. I work in 'the business' and know when the markdowns happen. Sometimes the selection sucks, but last month I picked up two 'designer brand' shirts for $2.50 and $2.75, respectively (before the employee discount!).
Original retail was $59.95 and $69.95 each.
A free FYI in case anyone doesn't know: most major retailers mark down everything over time, and usually have quite a sale on clearance stuff just before it goes out the back door to be resold to the consolidators. All the big department stores do this, which also includes Tar-Gay and Wally World (surprise!). Remember Target used to be Dayton-Hudson...and they still operate that way. WMart started out as a discounter but still operates much the same way as a department store in regards to inventory and markdowns.
The advantage of shopping at the consolidators is they have a deep selection of varied stuff and it is condensed into one store. (In case you don't know, TJX companies...Ross, Marshalls, TJMaxx...are consolidators.) They buy the stuff at incredibly discounted prices from the majors then usually start by charging at least double of what they were offered for at the first time around store. For fun on Saturday I stopped in to my local Marshalls and noted about a quarter of their inventory was stuff I shipped out two months ago...and their prices (on the new stuff) were at least double our last best price.
Places like Goodwill get a significant part of their inventory from SOME major retailers...but it is the stuff that the vendor won't take back or the consolidators won't take at all. The stuff gets marked down to one cent, and a tax write off (for full retail price) is taken. Retailers don't generally donate to the Salvation Army (because of the religion thing), and small local thrift shops are left out of the loop.
What happens to the really odd stuff? It gets sold at auction, usually by the pound. Places like Goodwill and the Starvation Army bid on this stuff, but also relief organizations (Oxfam, the UN, etc.) bid too...which explains why you see people in the deepest part of Third World countries wearing Polo and Armani and such, plus things like 'Colorado Rockies, Winner 2012 World Series' shirts.
Original retail was $59.95 and $69.95 each.
A free FYI in case anyone doesn't know: most major retailers mark down everything over time, and usually have quite a sale on clearance stuff just before it goes out the back door to be resold to the consolidators. All the big department stores do this, which also includes Tar-Gay and Wally World (surprise!). Remember Target used to be Dayton-Hudson...and they still operate that way. WMart started out as a discounter but still operates much the same way as a department store in regards to inventory and markdowns.
The advantage of shopping at the consolidators is they have a deep selection of varied stuff and it is condensed into one store. (In case you don't know, TJX companies...Ross, Marshalls, TJMaxx...are consolidators.) They buy the stuff at incredibly discounted prices from the majors then usually start by charging at least double of what they were offered for at the first time around store. For fun on Saturday I stopped in to my local Marshalls and noted about a quarter of their inventory was stuff I shipped out two months ago...and their prices (on the new stuff) were at least double our last best price.
Places like Goodwill get a significant part of their inventory from SOME major retailers...but it is the stuff that the vendor won't take back or the consolidators won't take at all. The stuff gets marked down to one cent, and a tax write off (for full retail price) is taken. Retailers don't generally donate to the Salvation Army (because of the religion thing), and small local thrift shops are left out of the loop.
What happens to the really odd stuff? It gets sold at auction, usually by the pound. Places like Goodwill and the Starvation Army bid on this stuff, but also relief organizations (Oxfam, the UN, etc.) bid too...which explains why you see people in the deepest part of Third World countries wearing Polo and Armani and such, plus things like 'Colorado Rockies, Winner 2012 World Series' shirts.