Oscar de la Renta is the latest luxury fashion brand to jump into the resale sector. Plus, Walmart makes a pair of acquisitions to enhance its FinTech capabilities and online sales are booming, but retail returns could make that progress go bust.
Data
1.6M; 100M: Number of Walmart U.S. employees and customers, respectively
173M; 27M: Number of people who want apps to help them manage their daily lives and want it in a single app, respectively
$761B: Total of 2021 holiday season retail returns
$166M: Portion of every $1 billion in retail sales that are returned
84%: Share of RealReal customers who are repeat shoppers on the secondhand luxury goods platform
We’re always on the lookout for opportunities to partner with innovators and disruptors.
Learn More