With more than 14,000 stores expected to close this year, the COVID-19 pandemic has been especially cruel to physical retailers. A spike in coronavirus cases in many states means consumers won’t be rushing to shopping centers just yet. They’re buying more online, and resale sites are partly filling the void.
Luxury resale site The RealReal
The RealReal is teaming up with Gucci to create a curated shop for the brand, featuring 2,000 items from the label and from consignors. ThredUp is launching a rebranding campaign that reflects a change in the way thrift is perceived. ThredUp