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 OG Advantage.

article thumbnail

35 Low Cost Retail Business Ideas

Small Biz Trends

Thrift Store. Thrift stores sell secondhand goods like furniture, clothing, and home decor at discounted prices. Online Store. Online stores can sell basically anything. You don’t even have to physically carry inventory if you have an off-site fulfillment service. Local Market.

Insiders

Sign Up for our Newsletter

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

article thumbnail

21 Rural Business Ideas

Small Biz Trends

Are you looking for small-town business ideas that are both profitable and fulfilling? Customers in rural areas are looking for healthy and organic food options that a health food store may offer. Thrift Store Owner. Opening a thrift store is a great business idea especially if your target market is low-income earners.

article thumbnail

Gen Z, in Their Own Words: What They Really Want from Brands and Retailers

Retail TouchPoints

In the “Ask Me Anything” session, the majority of the panel said they relied on thrift stores, deep discounts and resale sites like Poshmark to get many of the items they were wearing on stage, especially luxury designer goods.

Consumer 321
article thumbnail

Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

It’s almost a badge of honor to throw on a designer item with an item you found in the thrift store or a discount store. ” More frequent trips, smaller basket sizes Households do not go to dollar stores once or twice a week to spend $200 per visit. That all creates positive momentum for these retailers.”

article thumbnail

Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

We cover many of the tactical challenges (onboarding SKUs, product content, fulfillment, and curation), as well as the opportunities of this new “CircularCommerce” space. Goodwillfinds.com is an e-commerce site, which sells previously owned merchandise, which has been donated to Goodwill.