- December 19, 2023
In a bid to draw consumers to its eCommerce platform, eBay is exploring new retail avenues.
The online retailer served as a go-to site for online shopping in the past, offering ...
- November 7, 2023
The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...
- October 20, 2023
Poshmark is shuttering some overseas operations and paying greater attention to America’s recommerce market.
“In order to focus on Poshmark’s North America business and drive meaningful growth in its core markets of ...
- October 15, 2023
Goodwill is increasing its eCommerce focus amid competition from brands like Poshmark and ThredUp.
“There’s so much competition coming into the market now,” Matt Kaness, chief executive of GoodwillFinds eCommerce, told The New York Times (NYT) ...
- September 12, 2023
The PYMNTS Provider Ranking of Shopping Apps showcases the top-performing apps transforming the shopping experience.
This month, there are four ties, and Shein finds itself back in first place.
The Top 5
Shein ...
- August 18, 2023
Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone.
Etsy, Poshmark and Depop took the concept a bit further, ...
- August 14, 2023
Back to school looms, and shopping — for now, at least — revolves around backpacks, Chromebooks, fall fashion, sneakers and, possibly, stocking up on dorm room snacks.
And for the key ...
- August 3, 2023
In the age of digital commerce, consumers have long been searching for more intuitive ways to discover and purchase products. One notable challenge in this process has been the gap ...
- May 31, 2023
You may have clicked this link looking for radical changes of position in PYMNTS’ Provider Ranking of Shopping Apps. Sorry to disappoint, but this is not the month for rank changes.
In ...
- May 8, 2023
Been shopping lately? It’s pricey out there. The wise shopper is prepared, and the PYMNTS Provider Ranking of Shopping Apps indicates how those wise shoppers save.
Putting our money where our ...
- April 5, 2023
Fashion resale platform Poshmark has entered the world of livestream shopping.
The company Wednesday (April 5) debuted Posh Shows, which allows people to livestream on the site for the first time. ...
- April 2, 2023
The shift towards sustainability is evident, and consumers have made it clear that the trend is here to stay. As a result, the resale market has experienced significant growth, with ...
- March 30, 2023
What was once old is new again (and again) as brands and consumers fully embrace the potential of preowned.
The resale trend has been steadily growing for years, with preconceived notions ...
- March 20, 2023
What’s better than a shopping app? Air. Maybe. See if you don’t agree after perusing this month’s latest listings to see who’s got the mobile shopping mojo.
The Top 5
Still at ...
- January 20, 2023
Wallapop has reportedly raised 81 million euros (about $88 million) to grow its peer-to-peer marketplace.
The Spanish firm, whose app facilitates buying and selling secondhand products, will use the new capital ...
- January 16, 2023
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 ...
- January 6, 2023
Naver has completed its previously announced acquisition of Poshmark and aims to grow it globally.
The Korean internet company said in a Thursday (Jan. 5) press release that its purchase ...
- December 8, 2022
In the latest Provider Ranking of Shopping Apps, we find three ties among 13 different retailers, including a neck-and-neck race to claim the top spot and some churn at the bottom ...
- October 4, 2022
After months of declines that have seen investors fleeing and crushed valuations, the sudden outside interest of South Korea’s largest eCommerce group in acquiring Poshmark for $1.2 billion has done ...
- October 3, 2022
New and used apparel and home goods reseller market Poshmark said it is being acquired by South Korea’s Naver Corp., the companies announced Monday (Oct. 3), in an all cash ...
- August 12, 2022
Social commerce marketplace Poshmark said growing demand from budget-minded consumers at both ends of the economic spectrum drove a 14% increase in its customer base last quarter to a record ...
- June 21, 2022
If you’re looking for shopping apps, PYMNTS delivers. In the latest Provider Ranking of Shopping Apps, there are 11 apps that have scored high enough to make it into the ...
- May 19, 2022
Inflation, schmiflation. People purchase the things they need and want regardless of macroeconomic headwinds and anything else that gets between us and our stuff.
Witness the latest PYMNTS Provider Ranking of ...
- April 21, 2022
Product announcements, new pacts, cash back cards — none of it enough to give PYMNTS’ class of digital startups, newly trading on U.S. stock exchanges, a bounce.
To that end, the ...
- April 14, 2022
In today’s FinTech news, buy now, pay later (BNPL) innovator Affirm is teaming up with digital secondhand clothing pioneer Poshmark to bring style to an expanded base of users. Meanwhile, ...
- April 14, 2022
Today in retail, Affirm teams up with Poshmark on flexible payments program for shoppers. Plus, digital rewards increase brand loyalty, and Rent the Runway is ready to respond to an ...
- April 14, 2022
Payment network Affirm is extending its partnership with social marketplace Poshmark to offer increased payment flexibility to shoppers, according to a press release.
Poshmark was among the initial companies to use Affirm’s ...
- March 23, 2022
Today in retail, Instagram’s algorithm change triggers a social commerce drop for food companies, while inflation could come to the rescue for secondhand apparel retailer Poshmark. Plus, Petco focuses on ...
- March 23, 2022
It was not the kind of birthday party that secondhand apparel platform Poshmark would have hoped for. After its soaring IPO debut 15 months ago, where its stock briefly raced above ...
- March 18, 2022
There’s an old song — ancient, really — that croons, “What a difference a day makes.”
As applied to PYMNTS Provider Ranking of Shopping Apps, it’s a month, not a day, ...
- November 16, 2021
Poshmark has added an Amazon executive, Rodrigo Brumana, as its new chief financial officer, as the fashion marketplace looks to improve its returns on marketing investments, The Wall Street Journal ...
- November 16, 2021
Price and item availability are among consumers’ biggest concerns this holiday, with inflation surging past 6% and supply chain bottlenecks leaving some shelves bare. To compensate, an increasing number of ...
- November 11, 2021
Netflix embraces contextual commerce, and Adidas is staring at $1.2 billion in lost sales because of factory closures and supply chain bottlenecks. Plus, Apple’s privacy changes hamper Poshmark’s Q3 sales.
Data:
$1.2B: ...
- November 10, 2021
In today’s top retail news, strong demand coupled with supply chain bottlenecks are pushing inflation higher and causing Adidas to project $1.2 billion in lost sales over the coming months. ...
- November 10, 2021
Resale marketplace Poshmark reported lower-than-expected sales in the third quarter as the company grapples with the impact of Apple’s privacy changes in its iOS system, the latest digital firm to ...
- October 27, 2021
In today’s top retail news, social media companies are continuing to build commerce ecosystems on their platforms, while retailers are emphasizing curbside pickup for consumers to avoid exacerbating the inefficiencies ...
- October 27, 2021
Online apparel platform Poshmark has rolled out the Brand Closet Program, which allows large brands to connect directly with and sell on the company’s secondhand marketplace.
The Brand Closet Program “allows ...
- October 14, 2021
Shopping for secondhand clothing online can be daunting for consumers who want to inspect every item for tears, stains and imperfections a previous owner may have caused, leading to lost ...
- October 8, 2021
Online apparel platform Poshmark, Inc. on Friday (Oct. 8) announced during its annual conference, PoshFest, its eCommerce future, and unveiled a new team that will focus on supporting the company’s ...
- August 11, 2021
In today’s top retail news, Poshmark and thredUP are aggressively investing in expanding their respective platforms, while rent-to-own firms make their way in an increasingly buy now, pay later (BNPL) ...
