National retailers have a new plan to attract customers: used clothing. Nordstrom began selling secondhand apparel, shoes and accessories online and in its New York flagship store on Friday, the latest attempt by the 119-year-old company to appeal to changing consumer tastes and capitalize on one of the few bright spots in retail. It joins Macy’s, J.C. Penney and Madewell, among others, in carving out a place for used clothing, shoes and handbags alongside new ones. Secondhand sites such as ThredUp, Poshmark and the RealReal have become destinations as eco-friendly alternatives to fast fashion. As resale goes mainstream — the market is projected to triple in three years — department stores have become an unexpected next step to woo younger shoppers.
NOTE: By Clicking in the “MORE” Link You Will be Leaving CardBuzz or Sites Owned and Operated by Ruebud Media. While CardBuzz Carefully Selects Articles Published by Established and Credible Sources We Are Not Responsible for 100% Accuracy of Third-Party Content. Any Opinions Offered within the Content Are Solely by the Source and not CardBuzz or its Affiliates or Partners.
CardBuzz Focus Areas: e-commerce; m-commerce; m-wallets; biometrics; cryptocurrency; artificial Intelligence; blockchain; fintech; fraud; NFC; POS; NFC; EMV; P2P; credit cards; debit cards; charge cards; prepaid cards; cross-border; cybersecurity; processing; consumer banking; loans; debt; insurance; mortgage; investing; saving; debt collection; sub-prime; consumer confidence; business confidence; investor confidence;
OTHER RELATED SERVICES:
PYRPTS (global payment reports)
PYVNTS (global payment events)
BankCenter (payment news releases)
CardFlash (payment executive news)
CardTrak (consumer payment news)Paragraph
CardData (quarterly payment data)
CardBuzz is a Division of Ruebud Media, Inc.
#Nordstrom #ThredUp #Poshmark #RealReal #secondhand #garagesale #consignment #resalemarket #handbags #clothes #burberry #forever21