secondhand retail

Faircado Raises $3.3 Million for AI-Powered reCommerce Platform
Faircado Raises $3.3 Million for AI-Powered reCommerce Platform
May 28, 2024  |  artificial intelligence

Faircado has raised €3 million (about $3.3 million) to continue building its artificial intelligence (AI)-powered reCommerce platform. “Faircado exists to empower every consumer to buy...

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The RealReal Taps Personalized Messaging to Drive Loyalty
The RealReal Taps Personalized Messaging to Drive Loyalty
February 29, 2024  |  eCommerce

Amid ongoing consumer belt-tightening, The RealReal is seeing personalized messaging go a long way toward incentivizing spending. John Koryl, CEO of the luxury resale marketplace, shared...

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Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
January 11, 2024  |  Retail

Despite the monthly inflation rate staying below 4% from June 2023 to November 2023, stagnant wages and rising prices have prompted consumers to adjust their...

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