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Friday Flight - Comfy Cash, Resale Resurgence, & Abandoning The Internet #765
Dec 22, 2023
In this podcast, the hosts discuss a range of interesting topics including a famous fried chicken dish from Atlanta, the importance of prioritizing non-financial aspects in life, the risks of buying a franchise, exploring geographic arbitrage, and movie reviews and boarding school memories.
34:11
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Quick takeaways
- The resale market is expected to double in size by 2027, addressing clothing waste and offering cost-effective options for consumers.
- CVS's shift to a cost-plus pricing model aims to increase transparency, but its impact on affordability remains uncertain.
Deep dives
Reselling Market to Double by 2027
According to a report from ThreadUp, the resale market is expected to double in size by 2027, growing at three times the pace of the global apparel market. This growth is significant because it addresses the problem of clothing waste. Currently, 57% of discarded clothes end up in landfills. The rise of online platforms has made it easier for consumers to buy and sell used items, providing an eco-friendly and cost-effective solution. Consumers are encouraged to explore the resale market for both buying and selling, as it not only helps reduce waste but also allows individuals to save money on clothing purchases.
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