Ikea and Walmart rely on marketplaces to boost second hand sales

While Walmart is introducing new categories of second-hand products to its marketplace, Ikea is testing a version of C2C digital marketplace. While this approach has not been successful for fashion retailers, what does the future hold for furniture?

Through Sophie Baqué. Published on 02 September 2024 à 11h03 - Update on 16 September 2024 à 12h09

In the USA, Walmart (2023 sales of US$648.1 billion, up 5.5% at constant exchange rates) announced on August 27 the launch of a ‘Resold at Walmart’ section on its marketplace. While a range of reconditioned electrical goods was already sold there, the second-hand section has now been extended to new categories: luxury fashion (garments,…

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