‘Closet Regret’

Thursday, 18 April 2013 | by Pat's Picks

Next time you open your closet, sigh, and exclaim that you have nothing to wear, consider this: The Wall Street Journal says on average, Americans only wear about 20 percent of what’s in their wardrobe. The Journal says the retail industry relies on this “closet regret”—whether it’s the outcrop of binge shopping, taking advantage of a sale, or simply aspirational buying—and has shortened and strengthened its return policies in response.

SOURCE: Wall Street Journal