Latest News

Resellers Get Aggressive, Child Tax Credit Boosts Spending And Rent-to-Own In BNPL

The child tax credit could provide a jolt to consumer spending. Plus, Poshmark and thredUP say the secondhand market is on the rise, and rent-to-own retailers are looking for a place in the buy now, pay later market.



86%: Share of consumers who have purchased or would purchase secondhand apparel.

10.9%: Growth in the overall consumer economy in July 2021.

80%: Portion of Poshmark Mini users on Snapchat who are Gen Z shoppers.

56%: Share of consumers who plan to cut back on spending.

29M: Number of adult consumers who have used BNPL in the last 12 months.

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News