How the Booming Off-Price and Resale Sectors Helped Kidsy Build a Million-Dollar Children’s Marketplace

Photo caption: Shraysi Tandon (left) and Sinan Sari launched Kidsy in September 2023. The company earned $1 million in revenue six months later. — Kidsy. Article by Poornima Apte. CO by US Chamber of Commerce – January 8, 2025.

Why it matters:

• The off-price retail segment is booming. Generating more than $340 billion in 2024, the market is expected to climb to over $600 billion by 2031, according to Coherent Market Insights.
• Online resale is the fastest-growing sector of the U.S. secondhand goods market, according to a 2023 report from ThredUp and GlobalData. […]

Click here to view original web page at www.uschamber.com