Secondhand sales are not disrupted by supply chain woes
November 29, 2021
Companies engaged in selling secondhand goods have a strong message at this point in time. Pricing remains a value in an inflationary period and inventory remains solid despite the supply chain disruptions affecting sellers of new goods. “While many retailers have been forced to raise prices due to inflation or supply chain pressure, we do not have the same level of exposure,” James Reinhart, CEO of ThredUp, said on the company’s third quarter earnings call. “We have chosen to strategically lower prices in order to engage as many customers as possible during a time when consumers are feeling price pressure in many other parts of their life.”
Recent News
Burger King Introduces Cheesy Menu Additions
Burger King’s latest menu expansion is sure to catch the attention of cheese aficionados everywhere.
Pedigree Dog Food Recall Over Pieces of Loose Metal
The kibble recall affects the brand’s 44-pound bags sold at Walmart.
Passenger Killed on Singapore Airlines Flight Due to Flight Turbulence
There were 211 passengers and 18 crew members on board.
Cheez-It Cheez-In Diner Pops Up in Woodstock for One Week
This summer, Cheez-It fans have a new reason to hit the road to the Catskills in New York.