Fashion retailer Nordstrom gets it: Americans are becoming poorer, and it’s time for it to capitalize on recommerce, otherwise known as reverse commerce, which basically means Nordstrom is going to sell secondhand clothing.
So, move over local consignment stores, and or Goodwill Industries, eBay, and The Salvation Army, there’s a new player in town, Nordstrom, that will jump into the recommerce industry on Jan. 31.
https://www.zerohedge.com/markets/nordstrom-starts-selling-used-clothes-broke-americans
