Headlines

Target Teams with ThredUp for Resale Program

Retailer says the partnership, now in its second go-around, is in a “test and learn” phase

Published

4 years ago

April 15, 2022

VMSD Staff

Target Teams with ThredUp for Resale Program

Target (Minneapolis) and ThredUp (Oakland, CA), a secondhand clothing reseller, are teaming up as the big-box retailer aims to capitalize on heightened interest in value and sustainability, CNBC reports.

Target has launched a page on ThredUp’s website that includes women’s and kids’ apparel and accessories. The items, curated by the retailer from ThredUp’s inventory, are from Target’s private labels as well as from luxury brands not sold by the retailer.

A Target spokesperson told the outlet that the company is in a “test and learn” phase with ThredUp but declined to share financial terms of the deal.

This is the second time the two companies have been partners. In 2015, Target launched a test that allowed shoppers to get store credit for used items that ThredUp was willing to sell. The program shut down after six months.

Read more at CNBC.

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