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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. billion yen (US$5.4 billion) and accounted for 28.2

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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.”

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‘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

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How Resale, Sustainability and its 3,300 Stores Support Goodwill’s Key Mission — Jobs

Retail TouchPoints

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. With 3,300 stores across North America, 82% of people in the U.S. Goodwill is the tenth-largest charity in the U.S., with revenue of $6.4 Across the U.S.

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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.

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Emerging Tech Companies in One State Can Now Apply for Matching Business Grants

Small Biz Trends

UpStart Thrift Store Grant. UpStart Thrift Store in Farmington, Arkansas is offering a new grant contest from small businesses in Washington County. In addition to being physically located in Washington County, applicants must also have less than five years in business to qualify.

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Why Mercari is betting the time is right for bricks-and-mortar

Inside Retail

Several years after the company’s first experimentation with a physical location – its first pop-up shop in San Francisco in late 2021 – Mercari opened its first permanent bricks-and-mortar location on Melrose Avenue in Los Angeles, California. In 2023, Mercari reached revenue of US$1.3 billion, up from US$1.2 billion in 2022.