Do you think they only go for the fancy brands? Then maybe think again. In Stop Acting Rich by Thomas Stanley he shows the top ten stores millionaire men and women shop. Here are the lists:
Men:
1. Nordstrom (38.6%)
2. Macy ’ s (27.3%)
3. Kohl ’ s (21.7%)
4. Target (21.6%)
5. Costco (21.3%)
6. Dillard ’ s (20.9%)
7. Brooks Brothers (19.3%)
8. Gap (15.9%)
9. Wal-Mart (15.5%)
10. T.J. Maxx (14.7%)
Women:
1. Ann Taylor (47.5%)
2. Nordstrom (44.6%)
3. Macy ’ s (43.6%)
4. Target (39.6%)
5. T.J. Maxx (33.7%)
6. Talbots (32.7%)
7. Gap (28.7%)
8. Costco (27.7%)
9. Lord & Taylor (25.7%)
10. Saks Fifth Avenue (24.8%)
I guess by shopping at Kohl's I am unknowingly shopping where 21.7% of millionaires say they have shopped. Looks like I could be on to something here. If you think millionaire only where custom made, then think again as well... he points out that only 4.6 percent of millionaire get custom made clothes. So the next time we shop, let's buy clothes because they look nice and are at a good price, not because they have a brand on them.
--A Future Millionaire
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