Winmark Corp.—which oversees 1,300 franchised resale stores like Plato’s Closet, Play It Again Sports and Once Upon A Child—has a long history of being profitable and keeping shareholders happy.
Robyn Selman For Forbes
“If people want to talk to us, they just call, and we call back,” said Winmark’s CEO Brett Heffes, 54, who joined the company two decades ago after working with retailers like J. Jill as an investment banker.an industry-funded report Despite the surging consumer interest, most resale upstarts have struggled to make money. TheRealReal, whose founder and CEO Julie Wainwright stepped down abruptly last month, lost $236 million on $468 million in revenue in 2021. ThredUp reported losses of $63 million on revenue of $252 million last year. The hands-on approach adopted by many companies, meant to engender trust with consumers by acting as a reliable middleman, is capital-intensive.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Data suggests Bitcoin is a better investment than S&P 500 despite volatilityIn the midst of the global inflation and a crisis that has engulfed the cryptocurrency market in the past weeks,... Continue reading
Leer más »
Polestar Is Quietly Making Big Gains In The Electric Vehicle Market | CarscoopsPolestar Is Quietly Making Big Gains In The Electric Vehicle Market | Carscoops carscoops
Leer más »
Rosie on the House: Door-to-door solar salesIf a salesperson comes to your door selling solar, do your homework before making a commitment.
Leer más »
Walmart adds another adult brand to its shelvesThe mega-retailer is selling a new line of adult products, all for under $20 each on their online store.
Leer más »
Dallas Producers Set Up a Pop-Up Shop to Sell BeatsDallas music producer Dagoberto Estrada, known as DagoBeats in the music scene, wants to bring North Texas back to it musical heyday.
Leer más »
Bella Poarch on How Her Death Match With Grimes Came TogetherThe budding pop star fills us in on the making of her cameo-stuffed blockbuster video for 'Dolls.'
Leer más »