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☆ Thrifting is more popular than ever. It's also never been worse.
▼ + stars: | 2024-03-25 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +12 min

The explosive growth of the resale market and the rise of fast fashion are partly to blame. It's a high that anyone who shops at thrift stores knows — and one that I've been chasing since high school. lechatnoir/Getty ImagesGen Z made thrifting mainstreamBuying used clothing has never been more popular, largely thanks to Gen Z. Still, even as thrifting has grown in popularity, so have fast fashion brands. "Fifteen years ago you would've seen the majority of your secondhand shoppers were most likely more need-based," she said.

Persons: Thrifting, Gen Z, —, I've, Nicole Craig, Arizona State University FIDM, we're, ThredUp, Z, Gen, Danielle Testa, thrifting, millennials, Abercrombie, Craig, Elena Karpova, Testa, Brittany Dickinson, Oleg Cassini, Prada, Jeffrey Greenberg, there's, Dickinson, we've Organizations: Service, Arizona State University, Goodwill, Salvation Army, Fitch, University of North, Goodwill Industries International, Universal, eBay, Urban Outfitters, Free Locations: University of North Carolina, Greensboro, Hendersonville , North Carolina

The economy added 150,00 jobs in October, suggesting a mild slowdown following September’s outsized gain, the Labor Department reported on Friday. Nonfarm payrolls comes in a bit light, downward revisions to previous 2 months and wage growth on the low end. On the margin it feels like it has softened up, but it's still a mighty hot job market,” says Steve Preston, CEO of Goodwill Industries. The Federal Reserve has been looking to the labor market for signs it has reached a better balance between supply and demand than a year ago. Chairman Jerome Powell noted that the labor market has remained strong even as interest rates have risen at a sharp pace over the past year.

Persons: ”, Noah Yosif, Nonfarm payrolls, ” Kathy Jones, it's, Steve Preston, ” Preston, Geno Cutolo, Scott Hamilton, ” Hamilton, Jerome Powell, “ We've Organizations: Labor Department, UKG, ”, Schwab Center, Financial Research, Goodwill Industries, Federal Reserve, Labor Locations: North America

JANESVILLE, Wis. (AP) — A live cluster bomblet and ammunition have been found in a donation dropped off at a thrift shop in southeastern Wisconsin. An employee at the Janesville Goodwill made the discovery while conducting inventory Friday morning, according to the Janesville Police Department. The store and surrounding area were evacuated as a bomb squad was called in to remove the small bomb and ammunition. The store and donation center resumed operations shortly after 1:30 p.m. Friday, the statement continued. Janesville police were trying to determine who left the bomblet and ammunition at the Goodwill store.

Organizations: Janesville Goodwill, Janesville Police Department, “ Employees, Goodwill Industries, Southeastern, Goodwill Locations: JANESVILLE, Wis, Wisconsin, Janesville, Southeastern Wisconsin, Milwaukee

☆ Here's why consumers are turning to second-hand market
▼ + stars: | 2023-08-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why consumers are turning to second-hand marketGoodwill Industries International CEO & President Steve Preston joins 'The Exchange' to discuss the growing popularity of thrift shops, Goodwill's efforts to support job training programs, and Goodwill's distribution network.

Persons: Steve Preston Organizations: Industries International

Search resuls for: "Goodwill Industries"

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