resale

Wallapop Raises $88M to Grow P2P Resale Marketplace
Wallapop Raises $88M to Grow P2P Resale Marketplace
January 20, 2023  |  Investments

Wallapop has reportedly raised 81 million euros (about $88 million) to grow its peer-to-peer marketplace. The Spanish firm, whose app facilitates buying and selling secondhand...

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Retailers Test Resale Market as Ticket to Acquiring Cost-Conscious Shoppers
Retailers Test Resale Market as Ticket to Acquiring Cost-Conscious Shoppers
January 16, 2023  |  Retail

Some clothing firms are mulling creative resale partnerships as economic concerns continue to plague the sector. Slumping sales have clothing merchants, from Big Retail to...

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D2C Brings Peace of Mind and Payment Plans to Pre-Owned Wedding Dress Market
D2C Brings Peace of Mind and Payment Plans to Pre-Owned Wedding Dress Market
January 09, 2023  |  Retail

For time immemorial the bridal industry in the U.S. has been a white-glove retail experience. It’s a custom service and sizing model business model that’s...

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Digital-First Shoppers Top 2022 Retail Technology Trends
Digital-First Shoppers Top 2022 Retail Technology Trends
December 27, 2022  |  Retail

In 2022, trends in retail technology materialized or matured in a year that defied predictions. Confining our scope to just what happened in retail, PYMNTS...

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Stitch Fix Focuses on Retention as Revenues Fall
Stitch Fix Focuses on Retention as Revenues Fall
December 07, 2022  |  Retail

With revenues continuing to slide, Stitch Fix is looking to improve customer retention. The artificial-intelligence-powered personal style site outlined a number of strategies to reverse...

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Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
December 07, 2022  |  Retail

Rebag wants to turn secondhand luxury buyers into sellers and investors to boost its inventory. In announcing its new Wallet feature Wednesday (Dec. 7), the...

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Rolex Will Certify Its Pre-Owned Watches
Rolex Will Certify Its Pre-Owned Watches
December 01, 2022  |  Retail

Swiss luxury watchmaker Rolex says it will begin certifying its pre-owned timepieces. With this move, Rolex joins a number of luxury brands who have tapped...

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thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
November 14, 2022  |  eCommerce

Apparel resale marketplace thredUP reported a difficult third quarter as apparel overstocks and endless discounting chipped away its value-priced advantage. The confluence of record industrywide...

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RealReal Overhauls Consignment Structure in Quest for Profitability
RealReal Overhauls Consignment Structure in Quest for Profitability
November 09, 2022  |  Retail

In its ongoing quest for profitability, luxury resale platform The RealReal said Tuesday (Nov. 8) that it has overhauled its commission structure and will charge...

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