Ragstock

Ownership

Ragstock was founded by Howard Weisskopf in the mid-1950s and is now led by his son-in-law with 38+ locations across the Midwest, making it a regional multi-store chain rather than a Madison-resident-owned independent business.

Local Sourcing

Ragstock's buyers travel to LA and New York to find affordable new trends, but detailed information about vintage/recycled sourcing practices or local supplier relationships for the Madison store is unavailable.

Community Involvement

No specific evidence found of Ragstock Madison sponsoring local nonprofits, schools, or community events; the business has a long history on State Street but documented community investment specific to Madison is minimal.

Local Workforce

Employee reviews consistently mention low pay with associates receiving the same wage ($10 in Minnesota) and no raises, and employees stay an average of 2.5 years, indicating high turnover and poor labor conditions.

Revenue Retention

As a regional chain with corporate headquarters in Minneapolis and multiple out-of-state locations, most revenue likely flows out of Madison, though specific financial data for the Madison store location is unavailable.

Local Presence

The website contains significant corporate signals including a multi-location store finder, HQ address in Minneapolis (113 27th Ave NE Minneapolis, MN 55418), and generic e-commerce template structure. While the Madison location address and local phone number are present, they appear as standard location listing data rather than personality-driven local content.