Learn why thrift stores benefit well from a scrolling LED sign. The thrift store industry has experienced consistent growth and resilience in recent times. Over the past five years, the industry's revenue has impressively reached $14.2 billion , with a remarkable compound annual growth rate (CAGR) of 4.5%. Despite facing challenges, thrift stores have proven their tenacity, and in 2023, they are expected to grow by 1.4%, achieving a profitable 6.7% profit margin. The unexpected impact of the coronavirus pandemic caused temporary disruptions, leading to a decline in demand as stores had to close and social distancing measures were put in place. However, thrift stores quickly bounced back from this initial setback. The industry regained momentum as restrictions eased and people returned to in-person shopping. This resilience demonstrates the enduring appeal of thrift shops, making them a lucrative market for savvy owners to explore. Owners can use innovative tools like programmable
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