On-line resale retailer debuting pop-up store – Chain Retailer Age

Mercari, an internet market for purchasing and promoting secondhand objects, will launch its first-ever experiential pop-up store in time for the New 12 months.
The brand new bodily pop-up store can be situated within the Stonestown Galleria purchasing middle in San Francisco, opening on Dec. 29, 2021. The San Francisco pop-up store will function 4 experiential zones the place clients can purchase and promote merchandise starting from on a regular basis family items to one-of-a-kind classic objects.
Prospects promoting objects can obtain as much as $100 per day, on the spot, with fee carried out by way of Venmo or PayPal app. On-site specialists will assess the worth of every merchandise, with a $30 per merchandise most making use of, and clients have to be no less than 18 years of age or accompanied by an grownup. Prospects should personal the merchandise, and in some circumstances proof of possession could also be required.
Fashionable classes accepted on the pop-up embrace clothes, toys and video games, kitchenware, sports activities gear, and residential decor objects. Gadgets that won’t be bought embrace, and aren’t restricted to, luxurious branded items, used magnificence merchandise, collectibles, and buying and selling playing cards.
Mercari’s pop-up store can be situated on the second ground within the Stonestown Galleria Mall in San Francisco. The in-person storefront can be open for a restricted time, starting Dec. 29, 2021, by Feb. 12, 2022.
Resale is a quickly rising enterprise. According to the ninth annual “2021 Resale Report” from on-line resale platform ThredUp Inc. and retail analytics agency GlobalData, secondhand attire, footwear, and equipment is now a $36 billion market, projected to double within the subsequent 5 years to $77 billion.
Resale is anticipated to develop 11 occasions quicker than firsthand retail clothes gross sales over the following 5 years. addition, resale gross sales are anticipated to be greater than twice the scale of quick trend gross sales by 2030, with two in 5 resale shoppers saying they’re changing quick trend purchases with secondhand clothes. In 2020, 33 million shoppers purchased secondhand attire for the primary time, and 76% of these first-time consumers plan to extend their spend on secondhand within the subsequent 5 years.
As on-line resale grows, some retailers within the vertical are extending into the brick-and-mortar house. Rebag not too long ago opened its ninth bodily retailer, in Beverly Hills, and ThredUp and Madewell have joined forces to open a retailer that solely sells beforehand owned Madewell objects in Brooklyn.
“We’re bringing the Mercari vendor expertise to life in a model new method this 12 months,” stated John Lagerling, Mercari US CEO. “Our 2021 vacation report discovered that folks will obtain a median of three.8 undesirable items this vacation season, which tasks to nearly 1 billion unused objects sitting round American properties. Our hope is that individuals who go to our pop-up will see simply how straightforward it’s to promote on Mercari and stroll away impressed to earn cash from their unused objects.”
[Read more: Resale market to get holiday surge, says study]

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