RAB Insights

RAB Research Archive

Retailers test resale market as ticket to acquiring cost-conscious shoppers



Some clothing firms are mulling creative resale partnerships as economic concerns continue to plague the sector. Slumping sales have clothing merchants, from Big Retail to Main Street, scrambling to make up for lost revenue. PYMNTS research has found that 68% of small retail businesses have compensated by raising prices, and so far that has been a successful strategy.

Source: PYMNTS



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