WE HAVE OUR FINGERS ON THE PULSE OF GLOBAL RETAIL

In this new normal, where online shopping is increasingly a necessity rather than a choice, online marketplaces have become a habitual shopping destination for a wider audience, including those consumers that were initially more hesitant about exploring the world of online marketplaces.

While Black Friday 2020 is expected to be the most profitable shopping event to date, many brands and retailers are also adopting and implementing a new selling trend, recommerce, which involves the exact opposite action implied in Black Friday: labels buy back second-hand items from consumers.

2020 is the Year of the Marketplace. With more than 50% of online sales now made on marketplace channels, this year we’ve seen consumer behaviour shift in a few days to shopping habits that retail analysts would have anticipated to take decades…

We Are Pentagon is proud to announce the opening of its third UK warehouse to support retailers on a mission to expand their online sales. The new warehouse, situated in Derbyshire enables the Pentagon team to enhance the support given to brands and retailers while crucially streamlining the fulfilment of products purchased from Pentagon’s own Arcade store.

Innovation has always been at the heart of the We Are Pentagon Group, and we continuously evaluate how we can help our clients accelerate their online growth.