Investors Expect Secondhand Stores to Profit as Tariffs Challenge Retailers

At the same time, some analysts said secondhand sellers could face inventory challenges if consumers hold on to their existing items, and could see consumers buying fewer goods of any kind amid economic uncertainty, per the report. ThredUp said in March, before the tariffs were announced, that it expected revenue in the range of $67.5 million to $69.5 million in the first quarter and between $270 million and $280 million for the year, PYMNTS reported at the time. "Given the uncertain consumer environment an ...