- Feb 5, 2002
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Does your two-year-old need a winter coat for a skiing holiday that they will outgrow before the following winter? What if there’s a cosmic phenomenon that’s taking place you want to see but you have no interest in owning a telescope? Have you ever thought about taking up photography but felt a $1,000 camera investment was risky?
A new retail phenomenon is addressing concerned consumers who are looking to escape spending for waste creation by developing a concept called a “library of things” (LoT) where people can come and rent just about anything, from baby clothes to air fryers.
There are over 2,000 LoTs located in the English-speaking world and Central Europe, and some have been in operation since 1976. Half of them though only sprang up in the last five years.
Continued below.
www.goodnewsnetwork.org
A new retail phenomenon is addressing concerned consumers who are looking to escape spending for waste creation by developing a concept called a “library of things” (LoT) where people can come and rent just about anything, from baby clothes to air fryers.
There are over 2,000 LoTs located in the English-speaking world and Central Europe, and some have been in operation since 1976. Half of them though only sprang up in the last five years.
Continued below.

Trendy ‘Libraries of Things’ Let You Borrow All Kinds of Stuff–Rather Than Buying it
There are over 2,000 LoTs located in the English-speaking world and Central Europe, and some have been in operation since 1976
