The current economic picture certainly looks gloomy to many businesses. All you read in the newspapers are bankruptcies, foreclosures and layoffs. The days of spending extravagantly, going to expensive boutiques to avail of specialty services, or shopping for designer clothes, don't happen as often anymore. Or at least, gone are the days where you have to own something brand new.
Thus, as the old saying goes, that one man's misfortune is another's opportunity. This condition has helped many small businesses in America thrive. Small businesses that are thriving includes thrift stores, shoe and bag repair shops, as well as stores selling quality second hand products such as books and clothing. Many of these stores are reporting increased volumes in overall sales as well as increasing revenues.