NewsTelemundo 51 Miami – Noticias LocalesAugust 19, 2026Miami-Dade
Second-hand retail sales rise as consumers seek to offset cost of living increases
Consumers are increasingly turning to second-hand stores to manage rising costs for housing, food, and clothing. Data from Goodwill shows a significant increase in annual sales volume, while financial analysts attribute the trend to both budget constraints and the impact of import tariffs on new clothing prices.
Read the full story at Telemundo 51 Miami – Noticias LocalesWhy It Matters
Rising costs for essential goods are changing consumer shopping habits, leading to a measurable shift toward the resale market as a strategy to stretch household budgets.
Key Facts
- Goodwill reported selling 20.6 million items in the last fiscal year, up from 16.7 million the previous year.
- Financial analysts attribute the rise in second-hand shopping to the increased cost of living, specifically housing, food, and clothing.
- Imported clothing and accessories in the United States currently face an average tariff of approximately 11%.
- Experts suggest that clothing prices are unlikely to decrease in the near term due to high demand and existing import tariffs.
- Recommended consumer strategies for saving money include shopping on discount days, looking for marked-down tags, and buying out-of-season items.
Who's Mentioned
personTed Rossman“Financial analyst explaining the economic drivers behind the secondhand shopping”other20,6 million“Number of items sold by Goodwill in the most recent fiscal year.”organizationTelemundo 51“News outlet reporting on the trend.”other16,7 million“Number of items sold by Goodwill in the previous fiscal year.”organizationGoodwill“A major secondhand retail chain reporting increased sales volume.”