BUFFALO LORE

The first Buffalo Exchange opened in 1974 in Tucson, Arizona by Kerstin and Spencer Block. To our knowledge, this was the very first store that bought, sold, traded, and took clothing items and accessories on consignment. Kerstin, being Swedish, thought the word "Buffalo" was very American. And since the store was going to be an "Exchange," the store's name was born. The store was in a 450 square foot space that had been an old union office on a side street near the University of Arizona. Kerstin's love of fashion and thrill in finding a bargain combined to create the company that now has 33 stores and 3 franchises in 13 states, with over $49.4 million a year in sales (as of Dec 2007). The Blocks still own and run Buffalo Exchange out of Tucson, along with their daughter Rebecca. Read more about Kerstin Block in her bio.

PURPOSE

It is the purpose of Buffalo Exchange to lead the resale fashion industry, provide a livelihood for its employees, a fair return to its owners, and achieve sustainable profitability by:

Being the most beneficial place for its customers to buy, sell, and trade new and recycled clothing
Having a rewarding workplace
Acting with integrity
Being self-righting
Functioning in a socially responsible manner
Promoting fun and enjoyment

>> see also: kerstin's bio