Retail TouchPoints

OCTOBER 4, 2022

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 OG Advantage.

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I Vend

MAY 18, 2021

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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Retail TouchPoints

JUNE 17, 2021

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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Inside Retail

JANUARY 22, 2023

In July 2020, Rent the Runway joined forces with ThredUp, one of America’s leading online consignment and thrift stores as a means of selling RTR’s used clothing. The collaboration with Amazon adds to Rent the Runway’s strategy of leveraging established marketplaces. Forecasts point to Amazon’s retail ecommerce sales reaching $746.22

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Inside Retail

JULY 11, 2022

This collaboration taps into not only The Sims’ Gen Z players, but also their consumer habits, which are largely linked with buying and selling pre-loved clothing in real life. However, The Sims 4 and Depop have done the opposite by embedding a familiar fashion experience within an already established digital game.

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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 consumers prefer natural food for health or environmental reasons. Thrift Store. Auto Parts Store.

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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.

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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

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Inside Retail

AUGUST 28, 2022

But, after 10 or 15 years, we can be inspired by Marie Kondo to reorganise our lives and that custom-made item gets sent to the thrift store – because in our minds it’s too good to throw away. And 72 per cent of consumers said they buy fast fashion because it’s cheap and convenient.

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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.

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Independent Retailer

APRIL 19, 2022

Fast-fashion, a term used to describe the clothing industry business model of replicating recent catwalk trends and high-fashion designs, mass-producing them at low cost, and bringing them to retail stores quickly, is horrible for the environment. Thirty years ago, it belonged exclusively in the domain of thrift stores and consignment shops.

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The Retail Creative and Consulting Agency

OCTOBER 16, 2021

We are an online consignment thrift store for your closet, your wallet and the planet. Eileen Fischer: Renew, Lightly used clothing, Knit To Last : Urban Outfitter’s Nuuly is a Thrift Store app. The mission at Treet is to make secondhand feel firsthand for consumers and brands around the world.

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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.

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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. That all creates positive momentum for these retailers.”

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Small Biz Trends

JULY 6, 2022

Collect books from used book stores, estate sales, or private individuals and bring a small inventory with you to set up a stand at various locations. Thrift Store. Some eco-conscious consumers will also pay for compost pickup, so you’d gather food waste and turn it into compost for gardens. Independent Bookstore.

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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.

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Retail TouchPoints

JUNE 30, 2021

Consumers bought less clothing during the pandemic, that we know for sure, but we also saw that many people tried secondhand for the first time ,” said Karen Clark, VP of Marketing Communications at ThredUP in an interview with Retail TouchPoint s. consumers in the next 10 years, fast fashion’s portion will remain roughly flat.

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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. Awareness of the global climate crisis has reached critical mass, particularly among younger generations, and that has made consumers more environmentally conscious.

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Inside Retail

APRIL 27, 2022

Harvard consumer researcher Professor Susan Fournier would say that our brands are akin to our best friends, acquaintances, lovers, and dalliances. I’m being increasingly guided by socials, following influencers, and I am also being influenced by other consumers online, whom I perceive to be ‘just like me’. We like familiarity.

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Retail Geek

JANUARY 6, 2023

For retail versus direct to Consumer and so when I got there or there was a there was a. [7:43] 7:43] 100 million Consolidated direct-to-consumer business which was split between catalog and e-commerce, but it was nascent it was not a strategic focus and then you know the founder of their dick ain’t really had.

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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.

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