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Is Walmart about to become the king of online resale retailing?

May 27, 2020 3:30:50 PM / by America Retail

Walmart is the biggest retailer on the planet. ThredUP bills itself as the largest online thrift store. Now, the two have announced an online partnership that will give consumers access to 750,000 pre-owned women’s and children’s items, accessories, footwear and handbags from thredUP on Walmart’s site.

Denise Incandela, head of fashion at Walmart U.S. eCommerce, writes in a company blog that the resale clothing items being sold through its site will be in “new” or “like new” condition. Accessories and handbags will come “gently used” and be sold at low resale prices. Walmart will offer free shipping on orders of $35 or more and will not impose a charge on returns to either Walmart or thredUP, a deal not previously available to the online thrift store’s customers.

Walmart’s partnership with thredUP is unusual compared to past deals the resale e-tailer has made with brick and mortar chains in that it is exclusively online. J.C. Penney and Macy’s have tested in-store thredUP shops.

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America Retail

Written by America Retail