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|Articles - March 2010|
|Friday, February 26, 2010|
Oregon’s affinity for recycling extends further than putting tin cans and scrap paper on the curb once a week. Storeowners throughout the state who offer customers the option of selling their books, CDs or clothes for cash or in-store credit are noticing that the recession has caused the buyback culture to increase dramatically.
“In the last two years, we have seen an increase of people coming to us for extra money,” says Jessica Pelley, the media coordinator for Crossroads Trading Company, a used-clothing store in southeast Portland.
“There’s definitely been more people selling CDs and vinyl, just to help pay the bills,” says Terry Currier, the owner of Portland’s Music Millennium.
Offering only cash, Music Millennium pays between $1 and $10 for a CD, depending on what it is and the quality. The number of customers selling CDs, Currier says, has doubled in the last three years.
Evon White, the owner of Smith Family Books in Eugene, says customers seeking cash for books have increased by 20%. “It’s one source of end-of-the-month cash,” she says. Books sales also have increased.
Powell’s Books in Portland offers cash or 20% more in in-store credit. John Guetschow, director of used books, was expecting a rush of people selling books for cash as the recession began in full force in September 2008. He was surprised to find there was a major increase in customers seeking in-store credit. Guetschow thinks the recession has affected book budgets. “They have to sell books to get books,” Guetschow says. The number of customers taking in-store credit has increased by 20 to 30 people per day.
That isn’t the case in Salem. Beth Kinman has turned away customers from her bookstore Book Habit because she only offers trade. “They’re trying to get money to survive on rather than to get more books.”
Doug Peabody, the owner of Open Book in Bend, says demand increased in the last year by as much as 25%. “I had to get incredibly more selective because I couldn’t afford to keep shelling out cash,” he says.
The increase in people selling their possessions isn’t just about money. White says there is a group of customers purging their book collections partly in reaction to the recession and people’s sudden dislike for credit cards, overspending and materialism. “[They] want fewer belongings as part of their lifestyle,” she says. “Rather than accumulating or collecting, they feel more comfortable with reading it and then moving it out of the house.”
Friday, May 22, 2015
BY HANNAH WALLACE
Travelers have always come to Oregon for its natural beauty. But will the increasing popularity of agritourism, European-style hiking getaways and forest resorts relax Oregon's notoriously strict land-use laws?
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
Wednesday, June 17, 2015
Monday, June 22, 2015
The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.
Friday, May 22, 2015
BY ROBERT MULLIN
Latest development in Nestlé plant saga sparks debate about the value of water.
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
Friday, May 22, 2015
BY AMY MILSHTEIN
Floor plans embrace the great wide open.
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