secondhand

Ikea Tests Appetite for Secondhand Furniture With ‘Preowned’ Marketplace
Ikea Tests Appetite for Secondhand Furniture With ‘Preowned’ Marketplace
August 26, 2024  |  Retail

IKEA is reportedly testing a peer-to-peer marketplace where customers can sell each other secondhand furniture. IKEA Preowned is the Swedish retailer’s attempt to take on...

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Trove Acquires Recurate to Expand Branded Resale Market Presence 
Trove Acquires Recurate to Expand Branded Resale Market Presence 
August 13, 2024  |  Acquisitions

Branded resale company Trove has acquired Recurate, a “significant” player in its industry. “This acquisition underscores Trove’s commitment to making branded resale more accessible and...

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The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
August 06, 2024  |  Earnings

As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for...

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ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
August 05, 2024  |  Earnings

Amid revenue declines, ThredUp is not anticipating the financial pressure that consumers are feeling let up any time soon. The online consignment and thrift store...

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ThredUp Adds AI Tools to Fashion Resale Platform
ThredUp Adds AI Tools to Fashion Resale Platform
August 05, 2024  |  Retail

Online fashion resale platform ThredUp introduced a suite of artificial intelligence-driven shopping tools. The new offerings include an improved search function, an enhanced image search,...

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Kleinfeld Bridal Debuts Pre-Owned Wedding Dress Marketplace
Kleinfeld Bridal Debuts Pre-Owned Wedding Dress Marketplace
June 18, 2024  |  Retail

Bridal retailer Kleinfeld Bridal has introduced an online marketplace for pre-owned wedding dresses. KleinfeldAgain.com, announced Tuesday (June 18), is designed to address the “growing consumer...

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Poshmark is Throwing a Virtual Shopping Party for Gen Z
Poshmark is Throwing a Virtual Shopping Party for Gen Z
June 13, 2024  |  eCommerce

With young shoppers increasingly seeking more social shopping experiences across digital and physical channels, Poshmark is turning to virtual, live events to generate enthusiasm and...

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Millennial Shoppers Lead Resale’s Growth
Millennial Shoppers Lead Resale’s Growth
June 12, 2024  |  Retail

As consumers turn to secondhand shopping options to manage their budgets amid inflation, millennials are leading the way. By the Numbers For the January edition...

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One-Fifth of Secondhand Shoppers Bought Pre-Owned Furniture Last Year
One-Fifth of Secondhand Shoppers Bought Pre-Owned Furniture Last Year
June 06, 2024  |  Retail

As retailers see consumers trim spending on large-ticket items, many shoppers are turning to secondhand channels to make large purchases such as home furnishings. By...

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