Walmart enters the resale market by partnering with ThredUP
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.
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 hit a threshold of $35.
The retailer already sells a large assortment of fashion merchandise, including national brands like Levis and Champion, private label brands, and more recently a new collection from 80’s denim label Jordache.
“Over the last few years, we’ve focused on expanding our assortment of quality, on-trend, accessible fashion to help customers outfit themselves no matter their personal style or budget,” said Incandela.