Thrift Shops & Online Hustles Are Booming
On this week’s Trending Tuesday on The Debbie Nigro Show, we talked tariffs, thrift shops, and thriving through turbulence.
Whether you’re bargain hunting or business-minded, there’s never been a better time to think secondhand—or second income!
According to the 2024 Thrift Industry Report by Savers Value Village 16-18% of Americans shop at thrift stores each year: 12 to 15% shop at consignment or resale stores.
Nearly 90% of consumers have shopped or donated at a Thrift Store up from 83% in 2022.
It’s The Ultimate Treasure Hunt
Personally, I will donate through one door and then go back in and shop through another door. LOL I love the treasure hunt fun and get excited when I find something unique! It could be anything!
Meanwhile the report went on to say…
*Among the many incredible changes the thrift industry has seen in recent years, one of the most significant is the mainstreaming of this once-niche retail segment.
*Long seen as serving those on a limited budget, secondhand has emerged as a symbol of creativity and individuality and now appeals to a wide range of shoppers who are increasingly seeking value—and style.
*Another notable trend is the growing environmental awareness of consumers who are putting the planet first by choosing secondhand.
I was joined by Parag Amin, a savvy Los Angeles business attorney who helps entrepreneurs avoid costly mistakes (like the one that derailed his father’s American dream).
Parag shared how rising prices from tariffs are pushing more people toward secondhand shopping—and why that shift is also sparking big-time opportunity.
From consignment goldmines to online stores, more people are flipping used goods and making real money. Think resale clothing, Amazon brands, and influencer-fueled product lines. It’s all about low overhead, smart sourcing, and even smarter risk management. And yes, Parag’s seen clients go from leggings to luxury lifestyles—literally!
Pro tip from Parag: Want to test a resale biz? Start with consignment. No upfront cost, no inventory headaches, and way less risk.
Tune in for insights, laughs, and inspiration—
Listen now to this short podcast of my conversation with Parag Amin and get the full scoop on from The Debbie Nigro Show.
