The trend: More shoppers are looking to make secondhand purchases this holiday season, according to separate reports by resale marketplaces ThredUp and OfferUp.
Behind the numbers: Resale holds clear appeal to shoppers grappling with economic uncertainty and limited budgets.
While saving money is a primary concern, shoppers are also drawn to the possibility of unearthing unique or one-of-a-kind items, as well as the environmental benefits of shopping secondhand.
What this means for retailers: Shoppers’ growing affinity for shopping secondhand is likely to last well beyond the holiday season. That should increase the urgency for retailers to launch resale and repair programs or make existing initiatives more visible for deal-seeking consumers.
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