article thumbnail

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

Inside Retail

Charity Super.Mkt co-founder Chenoweth said, “It is the first time charities have come together at this level. And with pre-loved fashion experiencing monumental growth, traditional retailers such as charity and thrift stores have had to consider how they stay relevant.

article thumbnail

What Recommerce can Teach Retailers About New Consumer Behaviors and Future-Proofing Sales

Retail TouchPoints

This trend involves brands reselling previously owned products at a discount — and it’s caught on quickly. It’s an important secondary market for returned goods, helping retailers reduce waste and recover cost, especially as returns increase in step with ecommerce growth. Capitalizing on Product Lifecycle and Supply Chain.

Consumer 309
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Game on: How H&M is bringing fast fashion to the metaverse

Inside Retail

These are some common factors that motivate players to continuously return to achieve milestones. Placing the majority of Roblox players at an age where forming habits is prevalent. Currently, disposing of unwanted clothing items means many pieces end up in local landfills, thrift stores or shipped to developing countries.

article thumbnail

‘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

article thumbnail

Tommy Hilfiger gets thrifty with ThredUp

Inside Retail

The rest can be returned to the sender or recycled responsibly. However, there are a couple of conflicting issues at the intersection of resale and circular fashion and Tommy Hilfiger’s collaboration with ThredUp mentions them on the website. It’s estimated that half of the clothing from each kit received will qualify for resale.

article thumbnail

How to Make Money on Poshmark

Small Biz Trends

If you’re looking to make some extra money while cleaning out your closet, you should be looking at selling on Poshmark. Set up your profile, including adding a photo of yourself, return address for shipping labels and bank information, and any other additional information. Sell clothing at a fair price. Be responsive.

article thumbnail

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.