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

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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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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.

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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.

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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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I Vend

MAY 18, 2021

Walk down any high street and you’ll see evidence of one of the growing trends in retail – the rise of the thrift store. Read about how a leading US thrift store is embracing its growing popularity. All of which means that the thrift store has well and truly come into the retail mainstream.

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Independent Retailer

APRIL 19, 2022

“It gets a bit more complicated when we move out of the grocery store and into other local retailers. In 2019, the shipping industry accounted for about three percent of global carbon emissions, and that number is expected to rise to 17 percent by 2050. The way ‘stuff’ is made can vary greatly and most of our stuff moves around a lot.

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