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6 POS Software Performance Metric Thrift Stores Must Track

I Vend

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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ThredUP, Dora Maar Lure Holiday Shoppers to Resale with Exclusive Upcycled Collections

Retail TouchPoints

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.

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Study: Resale to Hit $47B by 2025, Giving Fast Fashion a Run for its Money

Retail TouchPoints

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. You can do it from home versus lugging all your stuff down to a consignment or thrift store.”.

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Japan’s luxury secondhand sector gains popularity as tourism booms

Inside Retail

billion) and accounted for 28.2 Entering the US in 2018, 2nd Street had 43 stores in the country at the end of November. Besides the US, the company currently operates stores in Taiwan, Malaysia and Thailand. The Reuse Economic Journal estimated sales of used clothing and luxury goods reached 818.1 billion yen (US$5.4

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15 Best Apps for a Business Selling Clothes

Small Biz Trends

With the help of selling apps, you can easily open your very own online thrift store with very little upfront investments. If you are looking into how to open a thrift store in a brick-and-mortar location, trying an online version first could be a great learning opportunity. Best App to Sell Clothes Online?

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How to Make Money on Poshmark

Small Biz Trends

To access Poshmark, you’ll need to download the Poshmark app and make an account so that you can get started selling. Here’s how you can start to sell on Poshmark: Download the Poshmark app and make an account. Source your inventory cheaply from thrift stores and wholesalers. How Does Poshmark Work?

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Why Rent the Runway’s partnership with Amazon is a game-changer

Inside Retail

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.

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