"Based on the growth ThredUP has seen over the past year, the market for high-end secondhand items is extremely hot," wrote Bethany Allee, executive vice president of marketing at Cybera. "I really admire Nordstrom’s entry into the secondhand market, especially from an environmental perspective," wrote Mark Ryski, CEO of HeadCount Corporation. Customers in NYC can also participate by bringing their secondhand items to the Nordstrom flagship. Nordstrom is planning to launch a program in the future whereby customers can mail secondhand merchandise. Nordstrom joins a growing list of apparel retailers, including J.C. Penney, and Macy’s, getting into secondhand sales.

Source: Forbes February 04, 2020 17:15 UTC