Initial concerns that germ-fearing consumers would be shying away from secondhand goods during the pandemic might have been overblown.
ThredUp, the online consignment and thrift store, released its annual resale report on Tuesday, delayed from an initial publication date in March to capture data from the virus. The San Francisco-based company says it saw more visitors and activity to its site during coronavirus-related lockdowns—consumers spent 37 percent more time on ThredUp’s site than pre-COVID-19, the company says, noting a record number of visitors in May.
Many shoppers, homebound and engaging in spring cleaning, visited the site to clean out their closets and resell old clothing—ThredUp says 50 percent of people are cleaning out their closets more now than they were before the virus. The vast majority of consumers, or 88 percent, started a thrifty hobby like gardening or mending clothes during lockdowns, that they say they intend to continue.