New York thrift shop Buffalo Exchange is “drowning in clothes” as donors would rather take cash than exchange their slightly used goods for other people’s slightly used goods.
Racked: Buffalo Exchange will buy your well-preserved used goods in one of two ways: Either they’ll give you 30% of what your stuff is worth in cash, or 50% in store credit. Right now, cash is clearly trumping credit, and it’s causing an overstock problem.
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