Accounting Consumer Thrift Store 
Inside Retail
DECEMBER 8, 2024
Both domestic and international sales of 2nd Street stores showed robust growth, particularly in luxury secondhand merchandise, amid rising consumer inflation and expansion of the resale market. billion) and accounted for 28.2 Entering the US in 2018, 2nd Street had 43 stores in the country at the end of November.
Retail TouchPoints
NOVEMBER 10, 2022
By all accounts, resale looks set to have a banner holiday season this year, as inflation weighs down consumer spending at the same time that younger consumers in particular increase their focus on cutting waste and shopping sustainably. Kate McGuire in one of her upcycled creations.
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Retail TouchPoints
JUNE 30, 2021
Resale — the segment of the secondhand market that ThredUP defines as offerings with more curated assortments — is expected to account for more than half of that total, $47 billion , by 2025. Clark isn’t exaggerating: 33 million consumers bought secondhand apparel for the first time in 2020, according to the report. In 2020, 36.2
Retail TouchPoints
MARCH 27, 2024
A few years ago, buying resale online was still something that had to be sold to consumers. But as ThredUp ’s 12th annual Resale Report shows, the need for a hard sell is over — consumers of all ages have clearly bought into the idea, with secondhand apparel sales growing 15X faster than the broader retail clothing sector in 2023.
Retail TouchPoints
JUNE 17, 2021
More than Just a Thrift Store. When most of us hear Goodwill we think of the thrift shop, but the nonprofit’s retail operation is only a means to its larger end. It also helps that resale is gaining cachet , particularly among younger consumers. “We’re The rest, as they say, is history.
I Vend
APRIL 22, 2024
Thrift shopping continues to grow in popularity, particularly with millennial and Gen Z shoppers. For retailers, thrift stores have become part of the ‘mainstream’, managed with many of the key disciplines of ‘regular’ retail. But thrift retail also has its own unique characteristics and store performance indicators.
Inside Retail
JANUARY 22, 2023
In July 2020, Rent the Runway joined forces with ThredUp, one of America’s leading online consignment and thrift stores as a means of selling RTR’s used clothing. The collaboration with Amazon adds to Rent the Runway’s strategy of leveraging established marketplaces. It is very much about profitability over sustainability.
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