BLOG6 Reasons Why Recommerce Is Here to Stay in 2023Key Points: Recommerce saw a boom in 2022 that is expected to continue in 2023 Brands from a variety of industries including apparel, furniture, appliances, fitness, and retail are launching recommerce programs to capture lost revenue from returns Consumer appetite for secondhand items has also seen considerable growth, as nearly 70% …
NewsPoshmark, ThredUp and Depop are pushing secondhand gifts for the holidaysKey Points: Sales data and retail experts have seen report an increase in demand for secondhand items during the holiday season, as value-minded shoppers seek out deals. Marketplaces such as Poshmark and ThredUp have seen growth in the number of vintage items sold, with Poshmark experiencing a 30% increase in …
