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Stock impact report

Are secondhand sales beefing up this little retail segment? [Yahoo! Finance]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Yahoo! Finance
With the U.S. government's October retail sales report finally out, after getting delayed by the shutdown earlier this year, analysts now have 10 months of data to parse about 2025 — and it seems clear that consumers are on the hunt for value. This increasingly includes shopping for secondhand items, and that may be showing up in the calculation of retail sales, analysts say. Autos, e-commerce, restaurants and bars dominate these reports, accounting for more than half of the retail sales reported by the U.S. Commerce Department every month, according to Wells Fargo economists Tim Quinlan and Shannon Grein. For its monthly tracker of retail sales , Retail Dive narrows its coverage to the discretionary segments that are its focus, leaving out automobile sales, fuel, restaurants, grocery and other categories. This slice is worth a closer look, the Wells Fargo economists said in a Tuesday research note. “Spending shifts in the smaller categories may not drive the headline, but th Show less Read more
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