Plus, Macy’s finds a new chief marketing officer and Wolverine Worldwide hires a new president of global ecommerce.

Retailers can expect fresh opportunities and challenges, technological advancements and possible consolidation in 2021, the Digital Commerce 360 staff says. Shopping patterns are unlikely to return to the 'normal' of late 2019.

The coronavirus pandemic pushed more consumers to purchase used luxury apparel, accessories and jewelry.

For clothing stores, 2020 has been extraordinarily grim, with many large chains filing for bankruptcy amid COVID-related store closures. When the retail industry looks back on this time, they’ll see a turning point for the clothing sector, a year when the unfortunate fates of troubled chains and malls were sealed, even if it wasn’t the year they actually fell.

More than 70 million Poshmark users have sold more than 130 million items with a combined value exceeding $4 billion, the company said in its filing.