Retail’s new rush to rent

While the overwhelming majority of retail involves a transfer of ownership from seller to consumer, renting products is hardly a new concept. The so-called rent-to-own industry is large and well-established, led by companies like Rent-A-Center. This market sector mostly focuses on lower income and highly transient populations, while featuring big-ticket items like appliances, home electronics and … Continue reading Retail’s new rush to rent

With the RealReal’s blockbuster IPO is ‘recommerce’ retail’s next big thing?

It's hard not to be impressed with The RealReal's stock market debut. The luxury reseller raised $300MM in its initial public offering and saw its shares soar nearly 45% before settling in at at a market capitalization of $2.4 billion. Not too shabby. Until very recently the resale market was dominated by decidedly low brow thrift shops along with … Continue reading With the RealReal’s blockbuster IPO is ‘recommerce’ retail’s next big thing?