NAICS Code 459510-33 - Second Hand Stores (Retail)

Marketing Level - NAICS 8-Digit

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NAICS CODE 459510-33
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NAICS Code 459510-33 Description (8-Digit)

Second Hand Stores (Retail) are retail establishments that specialize in selling used merchandise, including clothing, furniture, electronics, and other household items. These stores acquire their inventory through donations, consignment, and purchasing from individuals. The merchandise is then sorted, cleaned, and priced for resale. Second Hand Stores (Retail) provide an affordable shopping option for consumers who are looking for unique items or who want to save money on everyday purchases.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 459510 page

Tools

Tools commonly used in the Second Hand Stores (Retail) industry for day-to-day tasks and operations.

  • Pricing guns
  • Tagging guns
  • Hangers
  • Racks
  • Shelving units
  • Cash registers
  • Shopping bags
  • Cleaning supplies
  • Hand trucks
  • Dollies

Industry Examples of Second Hand Stores (Retail)

Common products and services typical of NAICS Code 459510-33, illustrating the main business activities and contributions to the market.

  • Thrift stores
  • Consignment shops
  • Vintage boutiques
  • Resale shops
  • Pawn shops
  • Flea markets
  • Garage sales
  • Estate sales
  • Online marketplaces
  • Auctions

History

A concise historical narrative of NAICS Code 459510-33 covering global milestones and recent developments within the United States.

  • The Second Hand Stores (Retail) industry has a long history dating back to ancient times when people would barter and trade used goods. However, the modern concept of second-hand stores began in the late 19th century when the Salvation Army opened its first thrift store in London. The idea quickly spread to the United States, where Goodwill Industries was founded in 1902. The industry continued to grow throughout the 20th century, with the rise of consignment shops and the popularity of vintage clothing. In recent years, the industry has seen a surge in popularity due to the growing awareness of sustainability and the desire for unique, one-of-a-kind items. In the United States, the Second Hand Stores (Retail) industry has experienced significant growth in recent years. According to a report by ThredUp, the resale market is expected to reach $64 billion by 2024, up from $28 billion in 2019. This growth can be attributed to several factors, including the rise of online resale platforms, the increasing popularity of sustainable fashion, and the growing demand for affordable luxury goods. Additionally, the COVID-19 pandemic has accelerated the shift towards online shopping, which has benefited the second-hand market. Overall, the industry has come a long way from its humble beginnings and is now a thriving and important part of the retail landscape.