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A12    BUSINESS
               Wednesday 5 OctOber 2022

























                                                                      A Goodwill store sign is shown in Berkeley, Calif., Tuesday, March 9, 2021.
                                                                                                                                            Associated Press

                                                                      Iconic Goodwill gets serious with online

                                                                      for thrifters



                                                                      By ANNE D’INNOCENZIO         and  Canadian  Goodwill  don’t  clean  it.  If  it  is  very
                                                                      AP Retail Writer             stores to drop them off  for  dirty  or  not  good  quality,
                                                                      NEW  YORK  (AP)  —  Thrift-  now.  But  Kaness  said  that  they won’t sell it. Items des-
                                                                      ers  who  flock  to  Goodwill  as  the  business  expands,  ignated for online will then
                                                                      stores  will  now  be  able  to  Goodwill will eventually of-  be   digitized.   Purchases
                                                                      do  more  of  their  treasure  fer that service.          will  either  be  packed  and
                                                                      hunting online.              The  move  comes  as  the  shipped from the store or a
                                                                      The  120-year-old  nonprofit  second-hand clothing busi-  cluster of stores’ mini-ware-
                                                                      organization  on  Tuesday  ness  is  expected  to  grow  houses.
                                                                      launched  GoodwillFinds,  a  16  times  faster  than  the  A  spokeswoman  for  the
                                                                      newly  incorporated  shop-   broader retail clothing sec-  online  venture  said  that
                                                                      ping venture that is making  tor  by  2026,  according  to  because items from Good-
                                                                      roughly  100,000  donated  a  report  by  research  firm  willFinds ship from a variety
                                                                      items  available  for  pur-  GlobalData  for  Thredup.  of Goodwill locations, ship-
                                                                      chase online and expand-     It’s  also  happening  at  a  ping  options  and  fees  will
                                                                      ing   Goodwill’s   internet  time when surging inflation  vary  per  item.  During  the
                                                                      presence  that  until  now  is  pushing  shoppers  to  be  checkout process, custom-
                                                                      had  been  limited  to  auc-  thriftier.                  ers will be offered the ship-
                                                                      tion sites like ShopGoodwill.  “Our new social enterprise  ping  options  available  for
                                                                      com  or  individual  stores  makes it easier for the con-  their  items  based  on  their
                                                                      selling donations online via  scious  consumer  to  shop  shipping  address.  She  said
                                                                      eBay and Amazon.             sustainably  online,  while  that GoodwillFinds accepts
                                                                      GoodwillFinds’  goal  is  to  heightening the thrifting ex-  returns  for  items  that  ar-
                                                                      have  1  million  items  on  perience they’ve come to  rive  damaged  or  if  there’s
                                                                      its  site  in  a  few  years,  said  love  at  Goodwill,”  Kaness  an inaccurate or incorrect
                                                                      Matthew  Kannes,  newly  said.                            item  in  the  customer’s  or-
                                                                      appointed  CEO  of  online  In 2021, retail revenue from  der.
                                                                      shopping  arm,  which  fea-  donations to Goodwill was  The  vision  for  Goodwill-
                                                                      tures  search  tools  that  let  more  than  $5.4  billion,  the  Finds came from a consor-
                                                                      shoppers  browse  by  cat-   organization  said.  Good-   tium  of  Goodwill  members
                                                                      egory.  Eventually  Good-    willFinds follows in the foot-  throughout  the  country,
                                                                      willFinds will be able to be  steps   of   ShopGoodwill.  including Evergreen Good-
                                                                      personalized  based  on  a  com,  which  launched  in  will  of  Northwest  Washing-
                                                                      customer’s past purchases.   1999  and  sells  many  items  ton,  which  wanted  to  tap
                                                                      The  new  venture  will  sup-  via auction.               into  the  organization’s  full
                                                                      port  Goodwill  Industries  In-  “Goodwill is a very big part  potential.
                                                                      ternational  Inc.  by  helping  of  the  second-hand  mar-  Daryl  Campbell,  the  CEO
                                                                      fund  its  community-based  ket,  but  it’s  been  focused  of  Evergreen  Goodwill  of
                                                                      programs  across  the  U.S.  on  stores.  That  is  its  heri-  Northwest   Washington,
                                                                      provide  professional  train-  tage,”  said  Neil  Saunders,  said he expects that reve-
                                                                      ing,  job  placement  and  managing director at Glo-      nue for his consortium of 24
                                                                      youth mentorship. It should  balData Retail, “Online has  stores in his area will double
                                                                      also  increase  donations,  been an afterthought and  from  the  $24  million  it  did
                                                                      while  also  helping  to  ex-  done  very  informally  with  last year within the next five
                                                                      pand its base of customers.  the regions.”                years because of the cen-
                                                                      Unlike  rivals  like  Thredup  Karness  said  that  when  tralized  online  approach.
                                                                      and  Poshmark,  customers  shoppers  donate  to  the  He also predicts that he will
                                                                      cannot  use  GoodwillFinds  stores,  workers  will  figure  be able to double its online
                                                                      to make donations and will  out which item will be des-   business  to  32%  of  its  con-
                                                                      still have to visit one of the  ignated online. Workers in-  sortium’s  sales  in  the  next
                                                                      organization’s  3,300  U.S.  spect  each  item  but  they  few years.q
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