The global recommerce market is experiencing exponential growth at a rate that is 5 times faster than the rate of the broader retail market. The growth of recommerce can be attributed to many factors, such stakeholder interest in sustainability, opportunities for economic and operational efficiency, growth of the online channel and price-sensitive shoppers. In order to cater to various demands, retailers have taken different approaches toward recommerce, with diverse business models existing in the current market.  This case study analyzes the growing market of recommerce by discussing the drivers of the recommerce growth, different recommerce models, current challenges, and future opportunities. 

 

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This case study was made possible by the support and partnership of the NRF Foundation. The NRF Foundation provides the skills and resources needed for a life-changing career. As the National Retail Federation's nonprofit 501(c)(3), the NRF Foundation connects people to an industry that's a great place to start and a great place to grow. With our retail partners and more than 110 college university partners, NRF Foundation Campus programs help launch the careers of thousands of college students. We award more than a half-million dollars in scholarships each year, helping students erase debt and gain real-world experience. And our virtual and in-person programming includes hiring events and insights from industry experts that help the next generation of talent launch careers. Together, we help people build better lives and stronger communities. nrffoundation.org/campus