Daily LInks
1. Second to none: fashion resalers bulk up to capitalize on booming sales. Second-hand clothing firms are fighting to snap up smaller rivals and lock in investment as demand for thriftwear booms on the back of supply chain snarl-ups for traditional retailers ahead of the peak holiday shopping period. – Read More on Reuters
2. eBay Downplays Continued Decline of Active Buyers: Marketplace platform eBay is continuing to shed active buyers and report lower sales volumes as consumers increasingly return to in-person shopping, though the company says losing some customers was always an inevitable part of the company’s long-term plan. – Read More on PYMNTS
3. The rapid growth of retail subscription services could be coming to an end: Finding customers is pricey and keeping them has proved hard, given high cancellation rates among those who find themselves tossing away unused products at the end of the month. – Read More on the Economist
4. Why the department store e-commerce spin-off strategy may not be grounded in reality: Investors are citing the growth of e-commerce during the pandemic and the potential for a more focused investment strategy as a basis for large valuations, but others worry that the spin-off model underplays the importance of brick-and-mortar and doesn’t align with consumer shopping behavior. – Read More on Modern Retail
5. RETRO READ: What is Behind Hudson’s Bay Co.’s Plan to Split Saks Fifth Avenue and Saks.com? With brick-and-mortar actively driving down the value of many of the biggest names in the retail space, Hudson’s Bay is looking to boost the overall value of the group in one way that makes sense right now: taking Saks’ privately-held digital assets – the ones responsible for approximately $1 billion in annual revenue – and floating them on the public market. – Read More on TFL
6. China sees sharp slowdown in online commerce growth in coming years, as market matures and focus shifts to rural economy: The slowdown in China’s e-commerce growth rate was partly expected, as deceleration has already started. Meanwhile, China’s consumer spending has been relatively weak amid a broad economic slowdown. – Read More on SCMP
