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The rise and rise of the thrift retail store

I Vend

Walk down any high street and you’ll see evidence of one of the growing trends in retail – the rise of the thrift store. Read about how a leading US thrift store is embracing its growing popularity. All of which means that the thrift store has well and truly come into the retail mainstream.

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How Resale, Sustainability and its 3,300 Stores Support Goodwill’s Key Mission — Jobs

Retail TouchPoints

More than Just a Thrift Store. When most of us hear Goodwill we think of the thrift shop, but the nonprofit’s retail operation is only a means to its larger end. It also helps that resale is gaining cachet , particularly among younger consumers. “We’re The rest, as they say, is history.

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Does Buying Local Have A Positive Impact on the Planet?

Independent Retailer

As sustainability continues to grow in popularity, the new buzz around the block is that ‘buying local’ and ‘shopping small’ is better for the planet — but is this really true? It gets a bit more complicated when we move out of the grocery store and into other local retailers. Second Hand Shopping Gaining Popularity.

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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. 11, 2022, via a video shopping experience hosted in partnership with Revo Video.

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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. Clark isn’t exaggerating: 33 million consumers bought secondhand apparel for the first time in 2020, according to the report. In 2020, 36.2

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Gen Z: Merchants of cool or brand killers?

Inside Retail

A generation that sees shopping as binary: “I want brand X, therefore I need to shop at store Y”. A generation that loves to shop online because it’s fun and convenient – and also because they are juggling work-life (im)balance, kids and life in the ’burbs. Obsessed with showcaser signalling and blinded by status.