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Good as New

Whether it's the love of a good bargain, the shaky economy or the growing desire to reduce, reuse and recycle, shoppers are flocking to resale shops.

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This story appears in the May 2008 issue of Entrepreneur. Subscribe »

Everything from thrift shops (resale shops run by nonprofit organizations) to consignment stores (they sell items for patrons, earning a percentage of each sale) make up this multibillion-dollar industry, which is growing by 5 percent each year, according to the National Association of Resale & Thrift Shops.

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