How Re-Commerce Players Like Poshmark And Ebay Are Adapting To The Coronavirus

The fast growth of re-commerce—the online marketplaces for secondhand goods and one of retail’s hottest areas—came to a screeching halt on March 11. That was the day the World Health Organization declared that COVID-19 had become a pandemic. For many Americans, it was the moment that an outbreak that had started in China and previously seemed remote really hit home. It instantly cooled any enthusiasm for shopping for anything other than bare necessities. Toilet paper suddenly became more desirable than that vintage Barneys New York cashmere sweater being resold for a song. Read more at Fortune.