TheRealReal > 2nd Time Around. We hope.

 TheRealReal plans to followup on the reported success of its Manhattan-based pop-up with a brick-and-mortar location in SoHo. This is good news for those who feel as retail has absolutely nothing positive going for it these days. 

That said, we can't help but wonder if the sudden and shocking closure of 2nd Time Around might have a negative effect on this initiative, as consignors got BURNED. Time will tell, we suppose, but those looking to enter into consignment agreements ought to protect themselves accordingly.  

Funded E-Commerce & New Brick-And-Mortar II (TheRealReal)

We don't get this at all.TheRealReal, a company that sells authenticated high-end resale items (mostly for women) just got $50mm in funding from some private equity firm we've never heard of, Great Hill Partners. So, clearly we're just morons because this makes ZERO sense to us - particularly since the "company has pushed out the time by which it will turn profitable". Still, the numbers must be kick-a$$ to justify a $??mm valuation at $173mm in total funding. Now the company is going "clicks-to-bricks" and plans to open a brick-and-mortar store in New York and otherwise expand its physical footprint (read: popups). So who wins? Millennial women who want discounted high-end stuff (who wouldn't be caught dead in Goodwill...womp womp) and landlords looking to fill vacant space. Of which there are a lot.