Resale is a hot and growing retail trend being driven by millennials and Gen Z consumers who like the value and sustainability of buying used goods.

Since 2017, there has been a 700 percent increase in the number of buyers bidding on listings including luxury brands, according B-Stock Supply. The company is an online auction marketplace for retailers like Macy’s, Zulily and Nordstrom to sell returned and excess merchandise directly to small-business buyers and resellers, including Poshmark.

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