Retail TouchPoints
MARCH 29, 2023
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. like Air Jordans,” Kaness shared in an interview with Retail TouchPoints. “So
Retail TouchPoints
JANUARY 4, 2022
The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . In fact, apparel resale revenues are growing 24 times faster than retail apparel sales. . Understanding the Resale Phenomenon.
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Inside Retail
AUGUST 29, 2023
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?
Retail TouchPoints
SEPTEMBER 16, 2022
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.”
Small Biz Trends
JUNE 14, 2022
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. Thrift Store. Thrift stores sell secondhand goods like furniture, clothing, and home decor at discounted prices. Dollar Stores. Candy Shop.
Independent Retailer
AUGUST 22, 2022
Americans are Making Use of Reduced Clothing Prices, Thrift Stores, & Second Hand Market Places. Two-in-five are primarily buying sale or discounted apparel to make up for inflated prices (40%). Within this figure, 24 percent are turning to thrift shops or second hand stores and marketplaces more than ever.
Independent Retailer
JULY 27, 2022
Other back-to-school online shoppers plan to use big box retailer sites (64%), office supply sites (21%), and apparel and accessory sites (20%). Of the 51 percent of consumers who plan to do their back-to-school shopping online, the majority plan to shop on Amazon (85%). Making Mobile Purchases.
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