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Millennials drive new industry based on sharing or renting

The allure of "no ownership" is posing a disruptive force to traditional retailers

Crossroads shoppers said that "being an environmentally friendly way to shop" was one of their favourite things about the store.

New York

ALLISON Armour loves fashion, but doesn't need to keep it in her closet.

The 24-year-old frequents privately-held chain Crossroads Trading Co, where she buys brand-name goods second-hand at a discount, then sells the items back when she wants to refresh her look.