Inside Retail
FEBRUARY 12, 2023
The pre-loved clothing market has exploded in the last five years, and as physical retail gains momentum after the pandemic, consumers are seeking to buy from responsible retailers with purpose-led values. The pandemic forced retailers all over the world to rethink their business model alongside shifting industry trends and markets.
Retail TouchPoints
JANUARY 4, 2022
The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . Here’s how brands can marry sustainability with returns optimization to get better ROI out of what they’ve already invested in — chiefly, their products.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
Inside Retail
AUGUST 28, 2022
The rest can be returned to the sender or recycled responsibly. ThredUp’s 2022 Resale report shows that the secondhand market in the US is expected to more than double by 2026, taking its value to an estimated $82 billion in just four short years. It’s estimated that half of the clothing from each kit received will qualify for resale.
Small Biz Trends
DECEMBER 7, 2021
Poshmark users can browse through the resale market to find items to purchase, or Poshmark shoppers can search for specific types of clothing and brands using the search function in the app. Set up your profile, including adding a photo of yourself, return address for shipping labels and bank information, and any other additional information.
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.
Small Biz Trends
MAY 18, 2021
As the resale market continues to grow, it is proving to be an excellent way to make money. Small businesses can use websites such as StockX for buying and selling, and start to capture some of the resale market. At its core, StockX is a resale market used for authentic sneakers (i.e., What is StockX? collectible sneakers).
Expert insights. Personalized for you.
130 
Let's personalize your content