The secondhand luxury goods market will grow 4X faster than the primary market. The RealReal is in on the ground floor.

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The secondhand luxury goods market will grow 4X faster than the primary market. The RealReal is in on the ground floor.
No two ways about it, department stores are in a heap of trouble. From 2007 to 2018, sales in department stores, excluding discount department stores, declined a whopping 32.4%, dropping from $76.9 billion to $52 billion in 2018. Only stationery and office supply (-47.4%) and bookstores (-40.2%) declined more, according to the Census Department’s Retail […]