As a thrift operator, we are all truly striving to Do Thrift Better. That’s what our conference participants walked away from Knoxville a few weeks ago with – ideas on how to grow their stores, increase their profits, and serve their customers, donors, and teams better. At the end of September, we had 100+ participants representing […]
The Impact of Wholesale
The Impact of Wholesale If you are considering how to maximize profits from your thrift operation and the value of your donated items, you may want to consider adding a wholesale component. Wholesale in some cases can add as much profit as one of your thrift stores! You may be asking, how can wholesale be useful […]
Choosing the Right Real Estate
Choosing the Right Real Estate: Excess & Access Thrift stores can have immense impact on the community and when connected to a non-profit, can serve as a great additional funding source. SMCo Thrift frequently receives inquiries about how to begin a thrift operation. While many factors go into running a successful thrift operation, a key […]
Recap of the Spring 2019 SMCo Thrift National Training Conference
Attendees of the Spring 2019 SMCo Thrift National Training Conference came from far and near. They represented more than 40 different organizations and varying amounts of experience in thrift – from contemplating the launch of a thrift enterprise to seasoned professionals managing multiple stores. The packed room was filled not only with people but lots […]
Luck Favors the Prepared
More than a century ago, Louis Pasteur said “Chance favors the prepared mind.” Still today, the prepared reap an abundance of luck in their favor. Recently, thrift stores across the country have seen a swell of donations, thanks in part to the new Netflix series, Tidying Up with Marie Kondo. Netflix has people (serenely) […]
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