Walmart jumps into the secondhand clothing market through partnership with ThredUp

Walmart Inc. said early Wednesday that it has partnered with clothing and accessories reseller ThredUp to bring secondhand clothing and a variety of new brands to the Walmart website.

Read:Lowe’s has identified 3 areas of focus for social distancing in its stores, including the garden area As climate-change concerns grow, especially among young shoppers, the market for secondhand clothing has expanded. Secondhand items are expected to occupy one-third of people’s closets by 2033, according to the 2019 ThredUp Resale Report.

Interesting

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Walmart enters the $32 billion resale market by selling used goods - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »