But as is the case with epoch-making events, there have been some players and sub-segments that have not only survived the pandemic period, but have surprisingly risen to thrive, as rapidly digitizing customer preferences have driven them to explore new commerce modes.

According to recent reports, one of those unexpected areas has turned out to be the reCommerce market, as secondhand sales have boomed – even in segments like apparel, where they have otherwise come grinding to a near halt.

Read the full PYMNTS.com article here>> 

 

Author

Editorial Team

Author

B-Stock Editorial Team

More from the B-Stock Blog

‘Tis the Season for Secondhand Gift-giving
‘Tis the Season for Secondhand Gift-giving

The official start of the holiday shopping season is upon us with the bulk of spending set to take place over the Thanksgiving holiday as consumers and retailers look to capitalize off of Grey Thursday, Black Friday, Small Business Saturday,…

Nov 21 2024 · 4 min read

The B-Stock<br>Apparel Insider
The B-Stock
Apparel Insider

Nov 20 2024 · 0 min read

Discount Retail Chains’ Struggles Highlight Need for Diversified Secondary Market Strategies
Discount Retail Chains’ Struggles Highlight Need for Diversified Secondary Market Strategies

Within the last few months, Big Lots, Channel Control Merchants, and American Freight have each announced bankruptcy. The immediate future looks different for each of these organizations, and while these developments were somewhat expected to those in the know, they’re…

Nov 13 2024 · 6 min read

Like what you see?

Subscribe to our newsletter to get the latest news from B-Stock.