Remove Consumer Remove Promotions Remove Shopping Remove Thrift Store
article thumbnail

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.

article thumbnail

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.

Apparel 249
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate. That all creates positive momentum for these retailers.”

article thumbnail

Don’t Shop Around on Sustainability: Carbon Labels Deliver the Goods

Retail TouchPoints

One of the best resolutions brands can make — at new year’s or any time — is to be more cognizant and responsive to shifting trends in consumer priorities. Awareness of the global climate crisis has reached critical mass, particularly among younger generations, and that has made consumers more environmentally conscious.

Shopping 241
article thumbnail

36 Shop Business Ideas

Small Biz Trends

Retail shop businesses can include any local facility where goods and/or services are sold. What Is a Retail Shop Business? A retail shop is any store or business that sells goods and/or services. Why You Should Consider Opening a Retail Shop. Top 16 Shop Options. READ MORE: How to Open a Retail Store.

article thumbnail

All treats, no tricks: US retailers prepare for biggest ‘spooky season’ yet

Inside Retail

Like the launch of seasonal items like pumpkin-spice lattes , retailers and consumers alike are celebrating festive holidays like Christmas and Halloween earlier every year. While it seems that consumers are already preparing themselves for the Halloween season, studies show that their wallets aren’t as ready. per cent), decor (31.85

article thumbnail

Inflation’s Impact on Back-to-School Shopping

Independent Retailer

inflation being the highest it has been in four decades, consumers are looking for ways to cut costs — especially when it comes to back-to-school shopping. Other shoppers are using coupons and rewards apps more (64%), making fewer shopping trips (47%), and using buy now, pay later more than usual (9%). Inflation Impact.