The Buffalo
Exchange is unlike any other retail store we have ever seen. It is a forerunner
in the resale fashion industry where customers buy, sell and barter items of
all sorts -- from spanking new to archaic, untarnished to recycled, and local
to imported. All you have to do is bring in your handpicked items and trade
them in for other unique finds or cash right on spot!
Built in 1974 in
Tucson, Arizona by Kerstin and Spencer
Block,
the Buffalo Exchange’s entire purpose is to reawaken the dormant fashion trade,
grant a stable source of livelihood for its staff, provide decent returns to
its founders and accomplish sustainable prosperity by offering a wide range of
inventory that includes one-of-a-kind designer labels, jeans, leather, vintage
and other rare items. You can also spot brand new merchandises, current basics
and clothing made by the community, for the community. Most of its items are
bought from local customers and include clothing that are a whole lot more fashionable
than those sold on your regular stores. The 450 square foot store located at
the heart of well-developed, urban neighborhood was the first one ever to have
bought, sold, bartered and took in accessories and apparel on consignment. Its
prices vary widely depending on the condition, label, styles and several other
factors. Most items cost around $15 but designer and collectors’ items have
higher prices, yet a lot lower as compared to retail.
It was Kerstin’s
passion for fashion and the thrill in finding once-in-a-lifetime bargains that
created the company which now boasts of 45 stores scattered in 16 states, with
a $72.9 million revenue last December 2011. It is a privately-held, independent
company and the founders
operate its day-to-day transactions. Kerstin, together with her daughter
Rebecca, still owns and manages Buffalo Exchange until now and continues to
redefine the fashion industry with its new and recycled merchandises.
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