Have you been to a mall lately? It's sort of a depressing place. Lots of stores have vacated the premises, and with the clerks that are left manning the surviving shops and kiosks look like they're starved for social interaction. There's just no one there. The Christmas music playing over the PA seems out of place in such a deserted venue.

The real shopping crowds this holiday season aren't at the mall -- no one's paying full price this for anything anymore. But you will find long lines at your local thrift stores, where you can purchase new and gently used clothes, furniture, accessories, and more for just a few bucks a pop, whether you're buying Levi's or designer jeans with the tags still on them.

Thrift stores are a great place to find inexpensive treasures, especially when "vintage" is so totally in style. Don't make the rookie mistake of thinking of thrift shopping as going through other people's trash. Lots of things for sale there have never been worn before at all, and everything has to be in decent condition before they put it on their racks, even at Goodwill. Tons of the things you'll find there are actually straight from the mall -- when stores can't sell all their merchandise, they send it to thrift stores to make room on their own clearance racks. These items might be a season or two behind the actual weather, but they're brand new, and the seasons will roll around again next year.

Secondhand shops are an especially great place for women to look for formal wear. So often, a girl will spend hundreds of dollars on a prom dress that she only wears once -- then it finds its way to the Goodwill racks after only a few hours of wear, and now it can be yours for less than $10. Avoiding the mall also means you're less likely to show up at your next formal wearing the same dress as everyone else who shops at JC Penney. (My local mall isn't very big, so my high school prom had 200 girls all wearing the same 10 dresses.)

Just as we inform you that department stores are planning to ride out the recession by leveraging teen spending, it is being reported that teens are becoming more thrifty. The change in behavior is being attributed not only to the coolness derived from thrift store finds, but also because teens are beginning to feel belt tightening at home and at work.

Teen hiring has dropped 5%, a much larger decline than the job market overall. This dip is attributed to the pressure local stores are feeling as part of the economic slowdown. At the same time as are teens discovering paychecks harder to find, parents are also cutting back on extras and allowance. These combined factors have high end retailers like Abercrombie and American Eagle reporting lower profit expectations, though Aeropostale and discount chain Steve and Barry's are expected to do well.

As someone who has had a job since a few weeks before I could legally work in my state, I worry about the trouble many teens may have as they try to find summer work. The jobs I had over the years were useful for many things other than getting spending money, including experience, adding to my maturity and building savings for college. I hope that there is an upswing in teen hiring as schools let out and that teens will put some of their summer paycheck in the bank or towards school payments. If teen hiring continues to decline through the summer months, business could get really tough for retailers whose niche is the teen market.