Tuesday, April 20 2010 11:21 PM EDT2010-04-21 03:21:00 GMT
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Charlotte, NC (WBTV) – I recently visited students at Mrs. Brandt's journalism class at Providence High School in Charlotte.
While speaking to the kids and talking about my Stretching Your Dollar series, they told me about Plato's Closet. It's a trendy store that's a hit with high school students.
The store sells name brands like Hollister, American Eagle, even JCrew for a fraction of what you would pay at the mall. They get their merchandise from customers.
People bring in freshly laundered trendy clothing and accessories, they look over the pieces, decide on how much they are willing to pay for it, offer you cash for your stuff, then turn around and sell it shoppers.
I met up with Sierra Saxon, a freshman from Providence High School, who walked me through the color coded isles. "I would wear this tomorrow," Sierra said when she found a beautiful yellow cotton top for ten dollars.
I met Amanda Moss from Charlotte who was bringing in clothing to sell. "Forty dollars and nineteen cents," that is how much Amanda got for her bag of clothing.
"I went to the mall and found 200 dollar jeans. I liked them because they fit perfectly and I was like 200 dollars, I can't do it. Luckily I came here and they had them. I bought them immediately," Moss said.
Keli Hinnant manages the store on Independence. "We are looking for stuff like American Eagle, Hollister, Forever 21, current teen brands that have been in the store in the last year," Hinnant says.
Click here if you would like to learn more about the buying and selling policies of Plato's Closet.