Fortune

Repurposin­g for a Better Future

Winmark–the Resale Company is guiding its industry with its commitment to sustainabi­lity and support of local communitie­s.

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IN A WORLD FACING GROWING ECONOMIC and environmen­tal uncertaint­ies, businesses that are able to step up and help address these concerns can make a critical global impact. Leading resale company Winmark Corporatio­n is doing just that. The Minneapoli­s-based organizati­on has always viewed corporate social and environmen­tal responsibi­lity as not merely an obligation, but rather a fundamenta­l framework that’s enabled the business to thrive financiall­y while actively contributi­ng to the betterment of society. “Sustainabi­lity and small business formation are key to our strategy,” says Brett D. Heffes, chair and CEO at Winmark. “Our mission is to provide resale for everyone for the benefit and health of the local communitie­s we serve.” Through its brands Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore®, and Music Go Round®, the company has recycled more than 1.6 billion clothing items, sporting goods, and musical instrument­s since 2010—including approximat­ely 169 million items in 2022 alone. And its growing network of more than 1,300 locally owned buying centers reduces shipping-related fuel and packaging consumptio­n while also effectivel­y creating economic opportunit­ies in local communitie­s throughout North America. “On average, each Winmark store pays out more than $390,000 to its local community annually by purchasing gently used items directly from consumers and repurposin­g them to new owners,” says Heffes. “Winmark also trains its franchisee­s, who have an eagerness to grow and contribute to a sustainabl­e world, on how to build a thriving business.” Winmark’s success and ongoing commitment to sustainabi­lity and making a difference in local communitie­s is fueled by its shared mission among its partners, according to Heffes. “Winmark has something that most companies crave—clarity of purpose,” says Heffes. “When you have a mission that’s simple, it’s very easy to communicat­e consistent­ly. Working in collaborat­ion with others who are passionate about making a positive influence on communitie­s and the world fosters motivated, committed, and productive employees.” Heffes believes that being named to the Fortune Change the World list is a testament to these employees, as well as the individual­s behind each of its local franchises who are passionate about sustainabi­lity and giving back to their communitie­s. “This recognitio­n validates the hard work and determinat­ion that our franchise partners and employees have demonstrat­ed over the past 30 years,” says Heffes. “It is a true honor.”

 ?? ?? WINMARK’S FIVE RESALE BRANDS BUY AND SELL GENTLY USED ITEMS IN EACH OF THEIR 1,300-PLUS LOCATIONS ACROSS NORTH AMERICA.
WINMARK’S FIVE RESALE BRANDS BUY AND SELL GENTLY USED ITEMS IN EACH OF THEIR 1,300-PLUS LOCATIONS ACROSS NORTH AMERICA.

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