Small Biz Trends

JUNE 14, 2022

A retail business includes any company that sells goods or services directly to consumers for their consumption or use. But many now offer products online or over the phone and ship products to consumers. Many stores are now online or even completely mobile. But a retail store generally just sells products at a slight profit.

Beauty and Health 105

Beauty and Health Thrift Store Accessories Boutique 105

Inside Retail

AUGUST 28, 2022

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. Some brands are incorporating fit technology into the process, making it easy for customers to take their measurements at home. Fast (preloved) fashion.

Fast Fashion 130

Fast Fashion Fashion Thrift Store Shipping 130

Independent Retailer

JULY 27, 2022

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. Nearly half (40%) of consumers expect to spend less on back-to-school items this year than they did last year, with the largest segment of shoppers (39%) planning to spend under $100.

Shopping 71

Shopping Thrift Store Planning Consumer 71

The Retail Creative and Consulting Agency

OCTOBER 16, 2021

It is worth it for brands and retailers to take a good hard look at the resale revenue their product generates – for OTHER businesses! Based on revenue and capital market share, there is clearly a reason for brands to take a piece of the pie. Further, these marketplaces are primarily marketed as a place to get discounted goods.

Thrift Store 52

Thrift Store Fashion Marketing Shopping 52

Independent Retailer

AUGUST 22, 2022

Overall, 36 percent of consumers have cut down on money they spend on gadgets and appliances. Consumers are Reducing the Amount of Groceries They are Buying as a Whole. Along the topic of groceries, consumers are being forced to minimize how many groceries they purchase. Inflation stayed flat in July after rising 1.3

Thrift Store 74

Thrift Store Fast Fashion Apparel Consumer 74

I Vend

APRIL 22, 2024

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.

Thrift Store 52

Thrift Store Point of Sale Inventory Management Returns 52

Small Biz Trends

JULY 12, 2022

These stores sell food, treats, and care items. READ MORE: How to Open a Retail Store. Organic Food Store. Today’s consumers are always looking for healthy food options. This type of grocery store focuses specifically on natural food grown without chemicals. Grocery Stores. Thrift Shop.

Shopping 98

Shopping Boutique Sporting Goods Thrift Store 98

Retail TouchPoints

FEBRUARY 8, 2024

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.

Thrift Store 279

Thrift Store Consumer Clienteling Fulfillment 279

Small Biz Trends

JULY 6, 2022

This includes vendors at corporate events, food trucks, and any mobile service providers. Go where your customers are: If you can move your business, you can increase your customer base by setting up at special events or high-traffic areas. Visit drivers at their homes to provide car washing and mobile detailing service.

Outdoor 111

Outdoor Advertising Boutique Location 111

Retail TouchPoints

JUNE 30, 2021

That growth rate looks likely to continue, with the overall secondhand market projected to double in the next five years, reaching $77 billion in annual sales by 2025. Clark isn’t exaggerating: 33 million consumers bought secondhand apparel for the first time in 2020, according to the report.

Fast Fashion 264

Fast Fashion Fashion Apparel Thrift Store 264

Retail TouchPoints

NOVEMBER 10, 2022

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. Kate McGuire in one of her upcycled creations.

Thrift Store 221

Thrift Store Fashion Consumer Accessories 221

Retail TouchPoints

JANUARY 27, 2022

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. But one trend that has been gaining momentum for several years is now clearly at the forefront of shoppers’ minds: the need for more eco-responsible practices in retail.

Shopping 246

Shopping Thrift Store Finance Consumer 246

Inside Retail

APRIL 27, 2022

A generation that sees shopping as binary: “I want brand X, therefore I need to shop at store Y”. The first generation to be born into ‘Internet of Things life’, Millennials are influenced by both those seated at the dinner table, and their peers on socials. However, above all else, Millennials are known creatures of habit.

Thrift Store 130

Thrift Store Fashion Drop-Shipping Consumer 130

Retail Geek

JANUARY 6, 2023

In this interview, we cover the sale of ModCloth to Walmart, Matts’s subsequent work at Lucky Brand and Afterpay, and his new role as CEO at Goodwillfinds. Matt was formerly on episode 79 , when he was CEO of Modcloth, which later sold to Walmart.

Merchant Services 52

Merchant Services Consumer Fashion Marketing 52

Retail TouchPoints

MARCH 27, 2024

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 255

Apparel Fast Fashion Fashion Thrift Store 255