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

Inside Retail

It appeals to shoppers looking for unique vintage clothing by offering a curated selection of fashion and accessories from the UK’s most loved charity retailers. The pandemic forced retailers all over the world to rethink their business model alongside shifting industry trends and markets.

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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 OG Advantage.

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Tommy Hilfiger gets thrifty with ThredUp

Inside Retail

The rest can be returned to the sender or recycled responsibly. ThredUp’s 2022 Resale report shows that the secondhand market in the US is expected to more than double by 2026, taking its value to an estimated $82 billion in just four short years. It’s estimated that half of the clothing from each kit received will qualify for resale.

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How to Make Money on Poshmark

Small Biz Trends

Poshmark users can browse through the resale market to find items to purchase, or Poshmark shoppers can search for specific types of clothing and brands using the search function in the app. Set up your profile, including adding a photo of yourself, return address for shipping labels and bank information, and any other additional information.

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How to Sell on StockX

Small Biz Trends

As the resale market continues to grow, it is proving to be an excellent way to make money. Small businesses can use websites such as StockX for buying and selling, and start to capture some of the resale market. At its core, StockX is a resale market used for authentic sneakers (i.e., What is StockX? collectible sneakers).

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

Retail TouchPoints

Purchasing secondhand online also opens up this world to many new consumers who had found thrift stores unappealing or intimidating, and much of that tech is just at the beginning of its journey as well. “A

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