On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss what the circular retail economy looks like, who resale shoppers are, and why companies own their own resale markets. Then for "Pop-Up Rankings," we rank the top five most innovative brands in circular retail. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Suzy Davidkhanian.

Two fintechs powering circularity and resale of fashion and luxury items pitch sustainability while also edging their users into a tokenized economy.

The umbrella term “sustainability” encompasses many concerns, including lowering carbon emissions, water conservation, adapting to the impact of climate change and increasingly erratic weather patterns, promoting a circular economy (i.e., one based on reducing waste and reusing or conserving resources as much as possible), protecting nature and biodiversity, and ethical sourcing.

Nuuly, the rental and resale platform launched by Urban Outfitters, has forged a path for other fashion retailers to try their hand at the circular economy—and the recurring revenue models that come along with it. Expect similar efforts to launch in 2022, particularly from brands appealing to Gen Z and millennials. Read Next. Sources. Bizrate Insights. Composed. Digital Commerce 360. Jungle Scout.

On today's episode, we discuss sustainable shopping: the "circular economy" leading to the popularity of recommerce, social media playing a role in secondhand selling, and how smaller retailers can benefit from the pandemic-fueled local shopping trend. Tune in to the discussion as eMarketer principal analyst Bill Fisher hosts principal analyst Karin von Abrams and research director at Insider Intelligence Matteo Ceurvels.

As more people in Latin America begin to prioritize sustainable shopping habits—and participate in the circular economy—social media will provide a unique platform for buyers and sellers to connect with one another and help give used products a second life.

A decade after the end of the Great Recession (and before the coronavirus roiled the economy), consumers have stuck with older means of economizing and added new ones to their shopping mix.