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Amazon aims to help SMBs keep returns out of landfills
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COVID sparks interest on buying cheap, reselling at a profit
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Pandemic fueled a hot hustle:
By Ronald D. White - Los Angeles Times
John Traches, who runs JT’s Merchandise Outlet in Santa Fe Springs, Calif., has created a thriving business reselling items during the pandemic. Photographed at JT’s Merchandise Outlet on April 27 in Santa Fe Springs, CA.
It’s a hustle as old as humankind: Get something on the cheap; persuade someone to take it off your hands for more. After the pandemic shut people in and wiped out jobs, the gig got supercharged.
One couple has sold $12,400 of Walmart instant soup mix since June. Another reseller is peddling boxes of 200 slightly wrinkled dresses for $800.
Pandemic fueled a hot hustle: buying stuff cheap, reselling at a profit
latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.
Copyright 2021 NPR. To see more, visit https://www.npr.org.
STEVE INSKEEP, HOST: January, the beginning of the year, is the traditional time for fresh starts and new resolutions and returning gifts you didn t want. It s peak season for online returns. In this story, NPR s Alina Selyukh introduces us to a word that s new to me - returnsmageddon (ph).
ALINA SELYUKH, BYLINE: The end of the year - you d think it would be the time when stores and retail companies could finally exhale from the crush of holiday shopping. But for many, it s just the beginning.
MARCUS SHEN: This is the calm before the storm from our perspective.