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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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To Speed Expansion, Resale Marketplace GoodwillFinds adds Walmart, Office Depot Execs to C-Suite

Retail TouchPoints

GoodwillFinds — the new resale marketplace from nonprofit thrift store chain Goodwill — has added two retail veterans to its C-suite and onboarded three new Goodwill member organizations (representing more than 50 retail stores) to the platform.

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35 Low Cost Retail Business Ideas

Small Biz Trends

Many stores are now online or even completely mobile. However, with the right retail business idea in the right market, any type of storefront can still succeed. With a pet store, you can offer animals, food, and accessories to members of your local community. Thrift Store. Online Store. Local Market.

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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.

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How Gen Z’s love for thrifting got fashion brands to finally embrace resale

Inside Retail

According to a report conducted by ThredUp, an online consignment and thrift store, the US secondhand market is expected to reach (US$70 billion) by 2027. Globally, the market is expected to reach (US$350 billion) in the same time period. But what about the brands that consumers are buying on these platforms?

Fashion 130
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Gen Z, in Their Own Words: What They Really Want from Brands and Retailers

Retail TouchPoints

Authenticity has become a marketing buzzword in its own right, but members of the Z Suite agreed that they want to feel emotionally connected to brands they buy from. They also want to feel represented in marketing materials and even in product design. With Allie, it was a no brainer.” With Allie, it was a no brainer.”

Consumer 313
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15 Best Apps for a Business Selling Clothes

Small Biz Trends

There is a huge demand for vintage clothes, shoes, and accessories, and tapping into this untapped demand can prove lucrative. It’s a Huge Market to Sell Clothes Online. It should be no surprise there’s a huge market for reselling clothing. Reselling clothes is growing 24-times faster than retail fashion, too.