The Rise of Recommerce: Why Consumers Shop Resale

BLOGTHE RISE OF RECOMMERCE: WHY CONSUMERS SHOP RESALERecommerce, or the buying and selling of pre-owned items, has been growing in popularity in recent years, particularly for large items such as furniture and appliances. This trend is driven by several factors, including sustainability, financial benefits, uniqueness, and ethical considerations. With recommerce growing twice as fast as the wider retail market and …

Recommerce Drives Sustainability for Retailers on Earth Day 2023

BLOGRecommerce drives sustainability for retailers on earth day 2023Earth Day is an important day to reflect on our actions and their impact on the environment. One of the most pressing environmental issues is furniture waste. According to the Environmental Protection Agency, Americans threw out over 12 million tons of furniture in 2018, and over 80% of it ended up in …

The Recommerce Customer and Why Recommerce Matters

BLOGThe recommerce customer and why recommerce mattersThe world of retail is constantly evolving, and one of the most significant changes in recent years has been the rise of recommerce – the reselling of pre-owned items such as returns and open-box products. As a result of a rapidly changing economic environment and a growing demand for more sustainable practices, recommerce has …

Inside Burrow’s Returns Strategy: An Interview with CFO Kelley Hicks

BLOGinside burrow’s returns strategy: An interview with cfo kelley hicksRecommerce (the resale of returned, overstock, open-box items) has been gaining popularity in recent years as consumers search for more value, lower price points and become increasingly environmentally conscious. Retail brands have also been turning to recommerce to recoup their losses from returns. Burrow, a furniture company known for its innovative …

FloorFound | Blog Article | 6 Reasons Why Recommerce Is Here to Stay in 2023

6 Reasons Why Recommerce Is Here to Stay in 2023

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% …

FloorFound | Blog Article | The Recommerce Marketplace Guide

The Recommerce Marketplace Guide

BlogThe Recommerce Marketplace GuideA Powerful Opportunity to Make a Positive ImpactRecommerce is here to stay. What started as a way to shop for thrift apparel online has evolved into an ever-expanding marketplace of recommerced goods — from pre-loved shoes to open-box appliances and everything in between.  Buying resale is easier than ever, with new recommerce marketplaces popping up every day. The …

FloorFound | Download | The Economics of Recommerce

The Economics of Recommerce

BlogThe Economics of RecommerceA Powerful Opportunity to Make a Positive ImpactReturns are on the rise, with rates spiking to 16.6% of items purchased in 2021 — up from 10.6% in 2020. Retailers were already challenged with handling this type of inventory, and now they’re finding themselves with even more of it to manage. Many have been forced into asking the …

6 Sustainability Tips For Brands From ESG Experts

Blog6 Sustainability Tips For Brands From ESG ExpertsA Powerful Opportunity to Make a Positive ImpactThere’s no one-size-fits-all solution to becoming a sustainable business, but there are plenty of brands, practitioners, and experts available to help companies of all sizes develop their own sustainability strategies. In closing of our circular themed pop-up shop in NYC with Sabai and Cambium Carbon, we …

7 in 10 Americans Are Turning to Resale As Inflation Shifts Their Shopping Habits

Blog7 in 10 Americans Are Turning to Resale As Inflation Shifts Their Shopping HabitsA Powerful Opportunity to Make a Positive ImpactShoppers are turning to resale as inflation shifts their shopping preferences and behaviors, according to FloorFound’s recent sustainability survey. 600 people were surveyed about their thoughts on recommerce, and the top two reasons why shoppers embrace this trend is because …

FloorFound | Blog | Invest In Our Planet...And Your Brand This Earth Day

Invest In Our Planet…And Your Brand This Earth Day

BlogInvest In Our Planet…And Your Brand This Earth DayThe theme for Earth Day 2022 is “Invest in Our Planet,” a call to action that encourages people, businesses and governments to build healthy cities, countries and economies. FloorFound celebrates this goal, and we are working hard every day to find new ways to support it by keeping more and more large, …