Remarkable Resale with James Reinhart, CEO & co-founder, ThredUp
Remarkable Retail
Exploring Business Model Challenges and Pivots in the Retail Industry
Exploring the significance of prioritizing growth over instant profitability and the hurdles encountered by companies striving to pivot successfully, particularly those guided by a moonshot mindset, with insights on the diverse capacities of firms to pivot efficiently based on their resources, investments, and financial standings, emphasizing the continual transformation in the retail sector.
Our special guest this week is James Reinhart the pioneering CEO of ThredUp, the fast-growing online consignment and thrift store. We learn about James' fascinating journey from teacher to entrepreneur and how his passion drives one of the most successful purpose-driven retail brands. We go deep on the drivers of the re-commerce market, how ThredUp differentiates itself, and the implications of a shift from hyper-growth to more sustainable profitability. We also unpack ThredUp's insight packed annual "Resale Report."
As usual, we kick things off with the most important retail news, dissecting Shein's "charm offensive" and how Hims & Hers is exploiting a loophole to pursue GLP-1 market opportunities. Then it's on to the most interesting earnings reports from last week, which include another weak quarter from Target, very strong progress at Marks & Spencer, a bit of preliminary optimism on Macy's new strategy, and yet another solid quarter from TJX.
About James
James Reinhart is the CEO and cofounder of ThredUp, one of the largest online resale platforms for apparel, shoes, and accessories. ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp is changing the way people shop and ushering in a more sustainable future for fashion. James’ passion for circularity and the role that education plays in our communities is what drives his vision of reducing the fashion industry’s negative impact on the planet. These values are reflected in his work prior to ThredUp, in which he helped develop one of the nation’s premier public schools, Pacific Collegiate School. James is a graduate of the Harvard Business School and the Harvard Kennedy School where he earned a joint degree in public policy and business. In his free time, he is an avid golfer, cyclist, and whiskey drinker (just not all at the same time). While a proud New Jersey native and diehard Bruce Springsteen fan, he lives with his wife Michele and three children in Oakland, CA.
About Us
Steve Dennis is a strategic advisor and keynote speaker focused on growth and innovation, who has also been named one of the world's top retail influencers. He is the bestselling authro of two books: Leaders Leap: Transforming Your Company at the Speed of Disruption and Remarkable Retail: How To Win & Keep Customers in the Age of Disruption. Steve regularly shares his insights in his role as a Forbes senior retail contributor and on social media.
Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and now, media entrepreneur. He has been on the front lines of retail industry change for his entire career.
Michael has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada’s Retail Marketing conference with leaders from Walmart & Google. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, CanWest Media, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.
Michael produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in America, Remarkable Retail with his partner, Dallas-based best-selling author Steve Dennis; Canada's top retail industry podcast The Voice of Retail and Canada's top food industry and one of the top Canadian-produced management independent podcasts in the country, The Food Professor with Dr. Sylvain Charlebois from Dalhousie University in Halifax.
Rethink Retail has recognized Michael as one of the top global retail experts for the fourth year in a row, Thinkers 360 has named him on of the Top 50 global thought leaders in retail, RTIH has named him a top 100 global though leader in retail technology and Coresight Research has named Michael a Retail AI Influencer. If you are a BBQ fan, you can tune into Michael’s cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.
Michael is available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state and future of the retail industry in North America and around the world.
The AI-powered Podcast Player
