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Stock impact report

Thrifting is more popular than ever. It's also never been worse. [Business Insider]

ThredUp Inc. - Class A (TDUP) 
But traditional thrift stores are seeing a decline in quality items, retail experts said. The explosive growth of the resale market and the rise of fast fashion are partly to blame. It's a random Saturday. You head to the thrift store and start meticulously scanning the racks. If you're lucky, you stumble across something that stands out — it's just your style. If you're really lucky, you try it on and realize it's a perfect fit. You thank the thrift gods that some unknown stranger decided to donate this specific leather jacket right around the time you needed one, and you happened to show up and find it before anyone else could get to it first. It's a high that anyone who shops at thrift stores knows — and one that I've been chasing since high school. But while sifting through the racks on a recent thrift store visit, it wasn't that I was struggling to find pieces that matched my style or fit me; I was struggling to find something (anything!) that even felt like real, quality Show less Read more
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