Walmart is Getting in on the Secondhand Market

Author:Whitney BauckPublish date:May 27, 2020The secondhand clothing market has been exploding of late, with high-end brands like Burberry and Stella McCartney increasingly investing in resale. But it's not just the luxury end of the spectrum that's expanding its investment in pre-owned clothing: Walmart just announced that it, too, is getting in on the action.

On Wednesday, the low-price mass retailer announced a new partnership with Thredup, an online destination for buying and selling secondhand clothing. Through the partnership, customers will be able to shop for Thredup-sourced pieces through a special portal on Walmart.com. "From Calvin Klein and Nike to Coach and Michael Kors, this digital partnership enhances Walmart's fashion offering with fresh brands at amazing prices that their customers will love," says director of product management at Thredup Jenn Volk.

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