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National Thrift Store Day: August 17, 2019

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According to NARTS: The Association of Resale Professionals:

“There are currently more than 25,000 resale, consignment and Not For Profit resale shops in the United States.

“Resale is a multi-billion dollar a year industry. First Research estimates the resale industry in the U.S. to have annual revenues of approximately $17.5 billion including revenue from antique stores which are 13% of their statistics. ThredUP, an online resale marketplace, pegs the total resale market at $24 billion annually ... predicting it will reach $41 billion by 2022 and $51 billion by 2023.  Goodwill Industries alone generated $5.9 billion in retail sales from more than 3,000 Not For Profit resale stores and online sales in 2017. 

“According to America’s Research Group, a consumer research firm, about 16 - 18% of Americans will shop at a thrift store during a given year. For consignment/resale shops, it’s about 12 - 15%. To keep these figures in perspective, consider that during the same time frame; 11.4% of Americans shop in factory outlet malls, 19.6% in apparel stores and 21.3% in major department stores.”

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Key Stats:

Source: 2016 County Business Patterns (CBP).

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Note: The table above is cropped at the bottom and modified to hide columns for paid employees and first-quarter payroll. Click on the image to see the full table and select different versions by years on the left side.

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More Stats:

Source: Monthly Retail Trade Survey, 1992-2019.

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Source: 2012 Economic Census. The U.S. Census Bureau will release 2017 Economic Census statistics beginning September 2019 through 2021. 

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