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Stock impact report

Tariff and inflation woes have millennials thrifting more. Here's how to start. [USA TODAY]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: USA TODAY
A teen mom at the time, she said the only new items her daughter had were a stroller gifted by Meyers' coworkers and a car seat. Meyers, of Minnesota, is 38-years-old now and still buys most things secondhand. She has four kids and said she's seen the secondhand market change dramatically over the last two decades. The biggest shift she's noticed happened just after the COVID-19 pandemic. Suddenly, she said, thrift stores and estate sales were inundated with younger shoppers: high schoolers, college students and millennials. “Sometimes I can't even find a parking spot," said Meyers, whose youngest child is 7 years old. "I think the word is out." and looming threatening to raise prices for clothing and household items are sending more and more parents to secondhand stores. The thrifting industry was already booming as social media personalities, , have destigmatized buying secondhand. The result? . But with rising demand for thrifted goods, some shoppers and retailers are anticip Show less Read more
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