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Chris Ventry, Vice President of Retail & Consumer Packaged Goods recently spoke to Retail Dive about how the resale market has been impacted by the pandemic. Chris notes that it is likely resale platforms and retailers will experience more growth than traditional retailers, explaining:
“Anytime there’s any sort of economic impact, whether it’s in the Great Recession all the way through to COVID-19, people will reevaluate what they spend and anything that has a compelling price-value equation for this cash-strapped and cash-conscious shopper will win out.”
You can find the full article with all of Chris’ insights here.
Chris Ventry serves as a Vice President in the Retail & Consumer Packaged Goods practice at SSA & Company