MINNEAPOLIS – US fashion retailer Target is reportedly re-entering the resale market in partnership with ThredUp, according to CNBC.
The concept is said to be within a ‘test and learn’ phase, but Target has gone on to establish a webpage on ThredUp’s site.
ThredUp’s recent Recommerce 100 report estimated that as many as 70 brands are expected to launch resale services this year, which would more than double last year’s total.
