Latest news with #recommerce
Forbes
10 hours ago
- Business
- Forbes
Resale Is Reshaping Retail. Here's How Property Managers Can Lead The Shift
The future of retail isn't just about what's new, it's about what comes next. As more consumers reconsider their relationship with consumption, brands are rethinking the entire product lifecycle. And they're doing it in-store with an increased adoption of circular retail. Circular retail—defined by resale, trade-in, upcycling, and repair programs—has moved far beyond fringe. It's now a high-growth, brand-backed business strategy. In 2023, the U.S. recommerce market was valued at $188 billion and is projected to grow to $276 billion by 2028 according to a report from NetChoice. For property managers, this marks a moment of opportunity: the chance to meet consumer expectations, attract next-generation tenants, and create value by supporting more sustainable, experience-driven retail models. Circular models are becoming the new standard Where resale once lived on the fringes, today's major retailers are claiming the model. Secondhand shopping is being redefined as an intentional, branded experience that resonates with the values of a younger generation. Brands like Madewell, DSW, REI, Lululemon, Urban Outfitters, and H&M have all launched in-store programs to collect, resell, and recycle goods. What began as a sustainability play has evolved into a core retention and revenue strategy. Consumers—especially Gen Z—are leading this charge. A recent report from Statista notes that 42% percent of secondhand shoppers are Gen Z, citing affordability, sustainability, and the thrill of finding one-of-a-kind items. According to thrift store visits rose 30% between Q1 2019 and Q1 2024, reinforcing growing demand for curated, in-person resale experiences. For tenants, the appeal of physical resale lies in its simplicity: no shipping, no listings, and instant credit or payouts. Recommerce is a loyalty engine Branded resale programs are redefining customer engagement. When customers can return, trade in, and rebuy within the same brand in-store, they return more often and spend more. The next wave of resale is about value recovery, not markdowns. Upcycling allows retailers to reuse inventory in a way that increases its value. Retailers can resell owned inventory at higher margins than traditional discounting, while retaining full control over product quality, pricing, and experience. This model fosters natural reengagement loops through repeat visits and customer trust. Shoppers are rewarded for keeping products in circulation and extending its lifecycle, encouraging loyalty and long-term value. Property managers that enable these experiences through smart tenant selection and physical support become essential partners in this growing ecosystem. Space constraints are creating circular opportunities The slowdown in new retail development has made space-efficient formats more attractive, heightening the relevance of circular retail. Since 2017, annual deliveries of new retail space have dropped nearly 50%, from 72 million to 39 million square feet according to research from CoStar. New tariffs, rising material costs, and financing challenges have made new construction more expensive and less viable. Circular retail programs offer a timely solution. Pop-up events, trade-in events, repair cafes, and resale activations typically require minimal buildout and can thrive in small, adaptable footprints. For property managers, these concepts offer a way to reinvigorate underused areas, attract community engagement, and increase foot traffic with minimal capital investment. To support this shift, property managers can: These steps help attract ESG-conscious consumers, increase dwell time, and strengthen a property's competitive position. Resale done right: From pop-up to destination Some brands are going even further, creating immersive circular experiences that extend from product to place. For example, Coachtopia, a circular sub-brand from Coach, uses sustainable design as part of its merchandising strategy, including upcrafted furniture, modular displays, and recycled materials that reflect the brand's sustainability ethos. Rotating artist collaborations and limited-edition drops keep inventory fresh while aligning the store experience with its circular mission: a sustainably minded destination that encourages discovery and return visits. Other successful resale retail concepts include: Supporting circular retail programs can help retailers build loyalty while giving property managers new ways to generate revenue and maintain relevance in a competitive market. Circular retail is a long-term value play Don't brush off circular retail as a passing trend. Recommerce is becoming a defining feature of modern retail, one that links sustainability, profit, and experience in ways that resonate with consumers and brands alike. Property managers have an essential role to play in enabling this shift. By supporting circular retail as part of a long-term strategy, they can improve tenant performance, attract engaged consumers, and strengthen the value of their portfolios.
Yahoo
08-05-2025
- Business
- Yahoo
Schibsted ASA (SBBTF) Q1 2025 Earnings Call Highlights: Revenue Growth and Strategic ...
Q : Can you clarify the timing of the decision to sell the delivery business? Was there a strategic shift or change in performance that accelerated this decision? A : Per Morland, CFO, explained that there was no major strategic shift or change in the buyer landscape. The decision was part of a long-term strategy, and they are now ready to move forward with the sale. The company anticipates muted total revenue growth for the remainder of 2025, driven by advertising revenue pressures and strategic business simplifications. Mobility revenues declined by 1% in Q1, with challenges in the professional ARPA segment due to customer churn. Re-commerce revenues declined by 6%, influenced by the phase-out of non-core revenue streams and a 42% drop in advertising. The exit from jobs in Sweden and Finland negatively affected revenue growth, with ongoing impacts expected throughout 2025. The company achieved an 18% increase in group EBITDA, amounting to NOK394 million, driven by strong performance in real estate and reduced operating expenses. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story Continues Q: Should we read anything into your re-commerce conviction from the delivery announcement? How important is the delivery network for your re-commerce business? A: Christian Halvorsen, CEO, stated that the delivery announcement does not affect their conviction in re-commerce. They can operate re-commerce without owning the delivery network, as they do in other markets, and will maintain a partnership with the delivery network. Q: Can you provide insights on the advertising business and when you expect trends to improve? A: Per Morland, CFO, acknowledged dissatisfaction with the current advertising business performance, attributing it to the separation from media. The goal is to recover to previous levels, but macroeconomic conditions remain a variable. Q: Regarding the jobs segment, you're above your CMD target for margins. How should we expect margins to trend over the medium term? A: Christian Halvorsen, CEO, noted that Q1 is typically strong for jobs with high margins. However, margins are expected to normalize and end below the 55% target for the year. Q: On real estate in Norway, is the volume growth market-driven or due to a gain in listing share? A: Christian Halvorsen, CEO, clarified that volume growth is market-driven, not due to increased market share, as they have all properties listed. The media coverage of contract discussions is exaggerated, and they maintain a constructive dialogue with customers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
