In 2023, the U.S. secondhand market generated an estimated $53 billion in revenue — with no signs of slowing down. However, thrift stores, like any retail operation, must ensure they have a sound inventory flow, especially during times of donor fatigue. With the growth the industry is poised to have over the next few years,…
Kyle Payton
As retailers across industries recognize the growing importance of sustainability, the role of technology in enabling eco-friendly shopping experiences has never been more critical. The shift towards sustainable shopping, driven by consumers' values and environmental consciousness, has reshaped the retail landscape. According to Statista, 60 percent of surveyed individuals made at least one second-hand purchase…
The retail industry is changing like never before, and sustainability has increasingly become a crucial factor in the success of modern organizations. This trend is likely to stay popular for years to come. This can be attributed to a variety of things, from legal ramifications (laws being enacted around sustainability) to a consumer shift. Sustainable…