Remove ATS Remove Consumer Remove Returns Remove Thrift Store
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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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What Recommerce can Teach Retailers About New Consumer Behaviors and Future-Proofing Sales

Retail TouchPoints

As retailers have struggled to navigate changes in consumer behavior and economic uncertainty brought on by the pandemic, one area has seen continued growth: recommerce. This trend involves brands reselling previously owned products at a discount — and it’s caught on quickly.

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Step inside the UK’s first department store for secondhand clothes

Inside Retail

The pre-loved clothing market has exploded in the last five years, and as physical retail gains momentum after the pandemic, consumers are seeking to buy from responsible retailers with purpose-led values. Charity Super.Mkt co-founder Chenoweth said, “It is the first time charities have come together at this level.

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Secondhand Grew 15X Faster than New Apparel Sales in 2023, but ThredUp CEO Still Sees Ample ‘White Space’

Retail TouchPoints

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.

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Game on: How H&M is bringing fast fashion to the metaverse

Inside Retail

These are some common factors that motivate players to continuously return to achieve milestones. This in-game action is a subtle reference to the environmental impact of textile waste globally and to change consumer behaviour, we need to learn new habits. In an effort to connect with a portion of an estimated user base of 58.8

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‘OG’ Reseller Goodwill Wants a Piece of the Online Action

Retail TouchPoints

Goodwill is the OG of thrift stores,” said Matthew Kaness, a retail OG in his own right, who recently joined as CEO of GoodwillFinds.com. With the scale of the of the operation — $4 to $5 billion a year, mostly store-based — it feels like the giant has woken up and is now looking to take its rightful place. “The

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Tommy Hilfiger gets thrifty with ThredUp

Inside Retail

The rest can be returned to the sender or recycled responsibly. However, there are a couple of conflicting issues at the intersection of resale and circular fashion and Tommy Hilfiger’s collaboration with ThredUp mentions them on the website. And 72 per cent of consumers said they buy fast fashion because it’s cheap and convenient.