Secondhand to Reach $82 Billion by 2026
The resale industry is growing even faster than experts predicted in years past. With 2021 setting a five-year record in resale growth and consumer trends supporting more secondhand purchases, now appears to be a fantastic time to enter the resale clothing marketplace. The numbers tell a powerful story. If you’ve been considering an investment in ...
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Making Back to School Easy and Trendy
Back-to-school season is officially here. Teens and young adults are searching for the perfect outfits for high school and college, but not every family can afford a brand-new wardrobe. This year, especially, expendable income is limited. Because of current economic trends and consumer preferences, resale is expected to see high demand this back-to-school season. Without ...
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5 Myths About Owning a Resale Clothing Business
Committing to a franchise business is a big decision. It requires having a solid understanding of the industry you’re entering, including its current trends and future projections. At Uptown Cheapskate, we get a lot of questions from potential franchisees about our business model and the resale clothing industry at large. During the discovery process, we ...
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Uptown Cheapskate Stands Apart in Secondhand
Resale clothing has been around for a long time. Avid thrifters have come to enjoy browsing racks for hidden gems they can’t find anywhere else. However, traditional “secondhand” has come with some purchasing risks and a lower-quality ambiance for buyers. The older version of secondhand has been edged out by a higher-end version that modern ...
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Celebrating 100 Stores!
Uptown Cheapskate recently celebrated a BIG milestone: We now have 100 stores open! Congratulations to our Lexington, Kentucky, store for having this amazing distinction in our network! Since our founding, Uptown Cheapskate has experienced steady expansion. 2021 was a record-breaking year for us, providing historic systemwide growth that positioned us to kick off 2022 with ...
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Blending Technology with Apparel
Historically, retail has not been closely associated with technology. However, times are changing, and modern businesses need to keep up with digital advancements to stay relevant. Despite its non-traditional approach to retail shopping, Uptown Cheapskate is a great example of a retail brand that uses technology to its benefit. Our leading-edge digital systems provide benefits ...
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How to Fund Your Uptown Cheapskate
Once you’ve fallen in love with Uptown Cheapskate, the next step will be funding your business purchase. Buying a franchise might seem overwhelming, but we’re here to help you turn your dream of business ownership into a reality! A solid understanding of the financial commitment you’re about to make and the options you have for ...
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Pandemic Positives for Resale
Shopping for secondhand clothing is not a new concept. Thrifting and reselling apparel has long been a habit for cost-conscious consumers. However, recent events have helped catapult resale into the mainstream, fostering growth and paving the way for new avenues in the resale clothing industry. Despite its many negative effects, the COVID-19 pandemic may have ...
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4 Ingredients for a Successful Resale Clothing Franchise
The resale clothing industry has a bright future, with the global market expected to reach $77 billion by 2025. This is great news for owners of secondhand clothing stores like Uptown Cheapskate. However, much more goes into achieving success for your resale business beyond operating in a thriving industry. Current and prospective franchisees can position ...
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Reuse & Recycle: Alternate Ways to Donate
This Earth Day, businesses and customers alike plan on making choices that reduce their impact on the environment. Fortunately for Uptown Cheapskate owners and shoppers, our business model is sustainable year-round! We help people care for the planet in multiple ways, particularly when it comes to reusing and recycling old clothing. Beyond helping to preserve ...
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