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Stock impact report

A 29-year-old thrifter who replaced her 9-to-5 income reselling clothes on eBay shares the strategies she uses to find profitable items [Business Insider]

Urban Outfitters, Inc. (URBN) 
Last urban outfitters, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.urbn.com/investor-relations
VanGilder sources from Goodwill and other stores, focusing on quality and unique items. Kendall VanGilder and her husband started thrifting as a way to spend time together in 2021. It wasn't her idea. "I did not like thrifting at all," the 29-year-old told Business Insider. "It was like pulling teeth to get me to go with him." The hobby grew on her with time, and one particular trip to Goodwill "changed my viewpoint on thrifting," she recalled. "A rack rolled out, and there were like 25 Lululmeon sports bras. I was like, 'Oh my gosh, this is crazy. I've never seen so many in one place.'" VanGilder was working at Lululemon as a store manager at the time and knew the product well. They retailed for $48 to $58. However, the secondhand ones were priced at $2.99, she said, "so I got a bunch of them for the price of one bra." That's when she started to think about thrifting as a business. She listed her first item — a pair of Urban Outfitters shorts — on eBay in December 2022 Show less Read more
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