who-owns-platos-closet

Who owns Plato’s Closet?

Each Plato’s Closet location is individually owned and operated by local business owners. Plato’s Closet is recognized as the nation’s largest chain of teen and twenty-something resale stores with over 480 store locations in North America. Who owns Plato’s Closet? Winmark Corporation owns five franchise-based retail companies that focus on used goods, Music Go Round…

Each Plato’s Closet location is individually owned and operated by local business owners. Plato’s Closet is recognized as the nation’s largest chain of teen and twenty-something resale stores with over 480 store locations in North America.

who-owns-platos-closetWho owns Plato’s Closet?

Winmark Corporation owns five franchise-based retail companies that focus on used goods, Music Go Round (musical instruments), Once Upon a Child (children’s clothes and toys), Plato’s Closet (adolescent and young adult clothes), Play It Again Sports (sports equipment), and Style Encore (women’s clothing).

The first Plato’s Closet store was opened in Columbus, Ohio by founders Lynn and Dennis Blum, They turned to their teenage son to help create the name for the business. While doing research for a school project, the Blums’ son gained much knowledge and respect for the pioneering Greek philosopher, Plato. His theories of reusing and preservation appeared to be a good parallel to his parents’ unique idea of recycling.

As of now, Plato’s Closet pays cash on the spot for gently used items that are in current style and great condition. Plato’s Closet buys styles for all seasons, all day, every day, with no appointment necessary. Plato’s Closet strives to provide our community with a cool place to shop with good music, a fun atmosphere, great clothes, and organization for ease of shopping.

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