The UK’s resale economy is thriving as shoppers look to save money and live more sustainably. As demand grows, UK retailers have an opportunity to recapture revenues and make good on commitments to shift toward a circular economy. But to succeed, they must understand how consumer habits and preferences are evolving across generations.
Key Question: What are the key factors driving the growth of UK resale?
KEY STAT: Almost 80% of UK shoppers said they buy used items to save money, and almost half (49.9%) said they do so to be more sustainable.
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