Pursuits
Frugal Millennials Eschew Stores for Swap House Parties: Retail
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Retailers from Gap Inc. to Urban Outfitters Inc. are already struggling to persuade consumers to pay full-price for clothes. Now, it turns out, many of their younger customers prefer trading T-shirts, jeans and designer dresses among themselves than actually buying new gear.
Clothing swaps are a hot ticket for Americans aged 18 to