Retailers, consumers and prices
Luxury goods, shoes, bags and women’s clothing — they’re all represented in spades in the secondary market online.
But finding gently used clothing for kids — constantly-growing kids — is harder online, says James Reinhart, co-founder and chief executive of thredUP, a new clothing swap site designed just for busy moms.
The site, slated for a soft launch this week, targets middle-income moms who are big on convenience and the idea of recycling perfectly good garb, while looking to “extract some value” in the bargain, Reinhart told Reuters.
Users choose a box that’s right for their needs, based on sex of child, age, and season and pay $13 to have it shipped to you (cost includes a small fee for thredUP). Then you pack your own box for someone else to choose, with no need for uploading photos eBay-style, or writing long descriptions (a short form to fill out takes care of that).
Check out Barnes & Noble College Booksellers expanding its college textbook rental program.
The bookseller began testing a book rental program in 3 of its 636 campus bookstores at the start of the Fall semester. After what it called a “tremendous response” to the program, it has rolled it out to 25 campus bookstores, including The Ohio State University and The University of Maryland, and has plans to expand it further in coming months.
Walmart.com announced that it added nearly one million new products to its online collection with the launch of Walmart Marketplace, which lets consumers buy items from a specific group of other retailers through its own website.
The move adds products and top brands in areas such as home goods, apparel, toys and baby items.