article thumbnail

How AI is Helping a Brooklyn Thrift Store Amp Up Both Sales and its Environmental Impact

Retail TouchPoints

Nestled in a back parking lot of the industrial waterfront that lines Brooklyns Gowanus Canal is an absolutely fantastic thrift store of the old school a sprawling warehouse filled to the brim with used goods organized in a somewhat jumbled manner by general category. And thats where Thriftly comes in.

article thumbnail

Goodwill Shutters Online Marketplace GoodwillFinds

Retail TouchPoints

Complicated Competitive Dynamics GoodwillFinds.com was launched in October 2022 in a bid by the 120 -year-old thrift store chain to grab a larger piece of the growing online resale market. This model can often provide better margins for operators than an Ebay -style auction marketplace like ShopGoodwill.com.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The rise of second-hand shopping in Australia: A cultural and economic shift

Inside Retail

Once regarded as a have to for those on tight budgets, purchasing pre-loved items has now evolved into a mainstream retail trend, fuelled by a combination of psychological drivers and shifting consumer values. As a result, consumers are turning and looking to second-hand shopping as a more sustainable alternative to fast fashion.

Shopping 130
article thumbnail

From Unwanted to Pre-Loved: the Branding Lessons from Poshmark and Mercari

Retail TouchPoints

What were previously unwanted and undesirable items dumped at a thrift store have become valued as pre-loved items, full of potential for their next owner. Their growing popularity has seen the big retailers getting in on the act.

article thumbnail

Japan’s luxury secondhand sector gains popularity as tourism booms

Inside Retail

Both domestic and international sales of 2nd Street stores showed robust growth, particularly in luxury secondhand merchandise, amid rising consumer inflation and expansion of the resale market. Entering the US in 2018, 2nd Street had 43 stores in the country at the end of November. million impressions.

article thumbnail

Resale joins retail: Singapore’s growing appetite for secondhand fashion

Inside Retail

This isnt merely a new store opening its a quiet revolution. In much of Asia, secondhand shopping has been relegated to online resale apps, dusty thrift stores, or weekend flea markets. If resale thrives in these spaces, it sends a clear signal to landlords and retailers: Consumers are ready for change. The true test?

Fashion 130
article thumbnail

How to Start a Reselling Business: A Complete Guide for Beginners

Small Biz Trends

Whether you’re hunting for thrift store treasures or sourcing trendy items, the potential for profit is immense. Common avenues include thrift stores, clearance sales, and online marketplaces. Use tools like Google Trends or industry-specific reports to analyze consumer behavior and popular products.