Trove Acquires Competing Resale Platform Recurate

Marketplaces
Written By Rick Watson

Trove is at the forefront of the branded resale and trade-in industry, providing brands with a robust platform to efficiently launch, manage, and scale their resale programs.

Trove has acquired competitor Recurate for an undisclosed amount and will integrate Recurate's Shopify and peer-to-peer solutions into its platform. The company also gain 29 new brand partners. Is this consolidation in branded resale or a case of a fire sale?

Retail Dive: Trove acquires competing resale platform Recurate

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
Previous

Criteo Is Holding M&A Discussions With Skai
Next

Amazon To Acquire Perceive For $80M