Walmart Enters the Clothing Resale Market With ThredUP Partnership

Walmart Enters the Clothing Resale Market With ThredUP Partnership

Walmart on May 27 announced a partnership with resale platform ThredUp to sell previously owned bran..

Walmart on May 27 announced a partnership with resale platform ThredUp to sell previously owned branded clothing, shoes, handbags, and more online.

This marks the first foray by Walmart, the worlds largest retailer, into the clothing resale market.

The company said it started planning the initiative a year ago and launched it at a time when the pandemic has forced many households to become even more budget-conscious amid widespread furloughs and job losses.

Walmarts resale push, which follows similar efforts by retailers such as Nordstrom and Abercrombie & Fitch, should also appeal to millennial consumers who are increasingly driven by environmentally conscious shopping choices, Denise Incandela, head of fashion e-commerce with Walmart.com, said in a statement.

Walmart ThredUP shoes
Walmart is now selling previously-owned fashion clothing, shoes, and handbag brands for the first time through a partnership with ThredUP. (Walmart)

The collaboration with ThredUP, she said, would add to the mix other fashion brands not sold at Walmart. Those include labels such as Coach, Nike, Calvin Klein, and Michael Kors.

Walmart said as many as 750,000 resale items are being curated by ThredUP that are deemed “new” or “like new.” The resale merchandise will only be sold on Walmart.com and not in stores, for now. But shoppers can return their items for free at Walmart stores or to ThredUP, and will also get free shipping once they Read More – Source

CATEGORIES
Share This