Sellers of used goods don’t always enjoy a classy reputation, but they have a high-class problem at the moment: Their products are selling like hot cakes. Supply constraints—not a demand collapse—caused revenue declines last quarter for both luxury consignor The RealReal and used-car seller Carvana. Some of those issues were similar to ones traditional retailers are facing. Safety measures due to the coronavirus pandemic meant that processing capacity was limited: Sellers of used goods must inspect, clean and, in some cases,...

Source: Wall Street Journal August 22, 2020 14:03 UTC