Consignment is a service where an entity (a consignment shop) sells items belonging to someone else (the consignor) for a percentage of the selling price. The items remain property of the owner until they are sold and no money is paid until that time. There are different types of consignment shops but the most common are shops for clothing and accessories and shops for furniture and home decor. ACS is specifically for shops that fall in to these 2 categories and are in brick and mortar buildings as opposed to “virtual” or E-Bay stores. However, some ACS shops do sell their store inventory on-line.
ACS shops receive items from people who have items they no longer want or need. Each shop has its own very specific guidelines for what they accept depending on that shop’s market niche, customer base and selling space. Price and percentages are determined by the individual shop owners as are markdowns, payment methods, consignment periods and pick up policies. In other words, each consignment shop has it’s own personality and policies so seek those that best fit your needs and your personality whether you are a potential consignor or a potential customer. Most consignment shoppers frequent consignment shops because they love the variety of merchandise they find and the customer service they receive by supporting small businesses.