Target’s is selling used apparel through a new relationship with ThredUP.
The retailer, as of late March, has its own page on ThredUP featuring a selection of used apparel curated by its team from the resale platform’s assortment, according to CNBC. The selection consists of clothing from Target’s private label brands and from its past designer collaborations, as well as some luxury clothing items not usually found at Target. There are about 400,000 pieces total on the Target ThredUP page with discounts up to 90 percent.
Target has worked with ThredUP before. The earlier partnership in 2015 consisted of a test program that allowed shoppers to get Target credit for items resold through ThredUP.
More big box retailers are getting in on selling secondhand goods, as it appeals to both consumers’ concerns about sustainability and their desire for affordability.
Walmart, for instance, entered into a relationship with ThredUP in 2020. The retailer began offering 750,000 pre-owned, “gently-used” items on the marketplace.
Retailers that are exclusively apparel-focused have also been getting into the resale market, going as far as to start their own services to avoid losing sales to the big emerging online marketplaces.
At the end of 2021, Urban Outfitters launched an online second-hand marketplace called Nuuly Thrift, according to The Wall Street Journal. The marketplace allows Urban Outfitters to collect a commission on resold apparel that the chain misses out on when its products are resold on Poshmark or ThredUP.
ThredUP’s “2021 Resale Report” placed the annual sales of curated secondhand clothing at $36 billion and projected that the number would rise to $77 billion within five years. That would represent growth 11 times faster than apparel retailing as a whole.
In addition to its perceived environmental friendliness and cost savings, marketplaces like ThredUP have gotten a boost from the pandemic. ThredUP experienced an influx of product thanks to people cleaning out their closets and reassessing their clothing needs during the pandemic, according to The Street.
The trend is also catching on outside of apparel.
IKEA, for instance, recently expanded its buy back/resell initiative to all of its 37 U.S. stores after a successful pilot last summer.
FAQs
Target's is selling used apparel through a new relationship with ThredUP. The retailer, as of late March, has its own page on ThredUP featuring a selection of used apparel curated by its team from the resale platform's assortment, according to CNBC.
When did Target launch a new day? ›
A New Day. Launched in September 2017, A New Day is a women's apparel and accessories brand with a modern classic aesthetic.
Where does Target get their clothes? ›
There are a total of 21 Target Sourcing Services (TSS) offices around the world. They collaborate to identify what raw materials are needed and where to find the best labor for the best price. Many regions around the world are experts at different crafts and so Target cannot source all of their products in one place.
Does Target make their own products? ›
Products & assortment
About 1/3 of the products we sell are exclusive to Target through our private labels, or owned brands. And from time to time, we'll partner with a designer or brand for a limited-edition collection available only at Target.
What is Target's clothing brand called? ›
Target has multiple owned brands, such as Good & Gather in food, All in Motion in Activewear and sporting goods, A New Day in Women's Wear, Goodfellow in Men's and Cat & Jack in Kids.
What is the new Target brand in 2024? ›
Launched in February 2024, dealworthy is a Target owned brand that features low prices on nearly 400 everyday no-frills basics, providing incredible value on apparel & accessories, essentials & beauty, electronics and home items — from laundry detergent and toothbrushes to undergarments, paper plates and more — without ...
Who is the parent company for Target? ›
Target's parent company, Dayton Hudson Corp., purchased legendary Chicago-based department store Marshall Field's, making Dayton Hudson the largest department store chain in the Midwest.
Who owns most of Target? ›
According to the latest TipRanks data, approximately 38.40% of Target (TGT) stock is held by institutional investors. According to the latest TipRanks data, approximately 31.82% of Target (TGT) stock is held by retail investors. Vanguard owns the most shares of Target (TGT).
What was Target's old brand? ›
The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967.
What does Target do with unsold clothes? ›
What happens to unsold items at Target? After they've been clearanced, you will find a lot of them at Goodwill. In fact, if you look at the current Goodwill price tag system with the barcodes, it will have a description that says what department it goes in OR “Target”.
Target doesn't keep unexpected or ineligible (used, damaged, etc.) items sent to us. When able, we'll donate or recycle them. If you've sent something to Target and want it back, contact us at 1-800-591-3869.
What day to buy clothes at Target? ›
Best Days To Shop at Target: Tuesday and Wednesday
“Many retail stores, including Target, restock their shelves during these days, giving customers access to fresh inventory and a wider selection of items.” You may want to time your visit to ensure you go in the mornings, though.
When did Target launch drive up? ›
We launched Drive Up in Minneapolis in 2017 as an extension to our store pickup offering, and by 2019, the service was available in all 50 states. In 2020, we added the ability to get fresh and frozen grocery items through Drive Up, and in 2021, adult beverages.
What is a Target launch date? ›
More Definitions of Target Launch Date
Target Launch Date means with respect to each country the date specified as such in the Roll Out Plan.
What year did Target rebrand? ›
In January 2000, Dayton-Hudson Corporation changed its name to Target Corporation and its ticker symbol to TGT; by then, between 75 percent and 80 percent of the corporation's total sales and earnings came from Target Stores, while the other four chains—Dayton's, Hudson's, Marshall Field's, and Mervyn's—were used to ...
What was Target before it was called Target? ›
Banker and real estate investor George Draper Dayton incorporated Target in 1902 as Goodfellow Dry Goods. The following year the name was changed to Dayton Dry Goods Company and shortened to Dayton Company in 1911.
