Working Smarter For More Profit in Consignment and Resale The resale industry is booming, with a nearly 50% year-over-year growth rate. Since 2016, the resale sector has grown 21 times faster than traditional retail. ThredUp and GlobalData forecasts predict that the...
The Impact of AI on Pricing Strategies in Consignment and Resale In recent years, the use of artificial intelligence (AI) has become increasingly prevalent in various industries, including consignment and resale. AI has revolutionized the way businesses operate, and...
The Triple Bottom Line: A Guiding Framework for Sustainable Business Practices In the ever-evolving landscape of business, the triple bottom line (TBL) framework has emerged as a beacon of sustainability, guiding organizations toward a more holistic and...
FF&E: A Complete Guide to Reusing Your Furniture, Fixtures, and Equipment In the world of business, the acronym FF&E stands for Furniture, Fixtures, and Equipment. These assets play a crucial role in the operations of various industries, including hospitality,...
$12.2 Billion: Projected overall Halloween spending in 2023. ; $4.1 Billion: Halloween costume spending in 2023. These estimates put Halloween 2023 spending at a new multi billion dollar record where consignment stores play a key role. Nearly 7 out of 10 Americans...
The Circular Economy Benefits Communities The circular economy is a sustainability-driven approach that emphasizes resource conservation, waste reduction, and the continuous use of materials in a closed-loop system. One of the promising avenues for advancing circular...
