Inside Retail
FEBRUARY 12, 2023
And with pre-loved fashion experiencing monumental growth, traditional retailers such as charity and thrift stores have had to consider how they stay relevant. Many shopping precincts were left with empty stores due to swift lockdowns and it’s been a slow return to bricks-and-mortar for brands.
Retail TouchPoints
JANUARY 4, 2022
It’s an important secondary market for returned goods, helping retailers reduce waste and recover cost, especially as returns increase in step with ecommerce growth. 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.
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Inside Retail
JANUARY 15, 2023
These are some common factors that motivate players to continuously return to achieve milestones. Currently, disposing of unwanted clothing items means many pieces end up in local landfills, thrift stores or shipped to developing countries. In an effort to connect with a portion of an estimated user base of 58.8
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. 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.
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
DECEMBER 7, 2021
Set up your profile, including adding a photo of yourself, return address for shipping labels and bank information, and any other additional information. Source your inventory cheaply from thrift stores and wholesalers. However, selling clothes on Poshmark becomes easier with some time and dedication.
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