Thrift Stores See Resurgence as Inflation Outpaces Wage Growth

Executive Briefing

• Drives surge in second-hand shopping as inflation hits a three-year high amid affordability pressures
• Young shoppers lead the trend, turning to thrift stores and platforms like Depop for bargains
• Reveals prices rising faster than wages for the first time since 2023, straining household budgets
• Signals broader consumer shift toward value-driven spending as Americans struggle with everyday costs