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What’s behind a thrifting boom among American shoppers

What’s behind a thrifting boom among American shoppers

Summary

Thrift stores are becoming more popular as people look for ways to save money or make money by reselling items. The secondhand clothing market is expected to grow much faster than the overall clothing market.

Key Facts

  • Thrift stores allow people to buy used items, often at lower prices than new items.
  • Rising living costs are making thrifting a more attractive option for many shoppers.
  • Some people earn money by buying and reselling clothes from thrift stores.
  • The secondhand clothing market is expected to grow about three times faster than the entire clothing market.
  • The article includes input from thrift shoppers and an interview with Manish Chandra, the CEO of Poshmark, a company involved in the secondhand clothing industry.

Source Information