ThredUp co-founder: Foot traffic is Macy's incentive in new tie-up

Avid followers of the department store sector got a surprise last week when Macy's announced it would be partnering with ThredUp to sell secondhand clothing in its stores, followed a day later by a similar announcement from J.C. Penney. Both retailers will be piloting sales of secondhand clothing in a select number of stores (40 and 30 for Macy's and J.C. Penney, respectively), and while they cited the partnership as an attraction for value-oriented customers...
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