The RealReal Opens 129,000 Square-Foot Fulfillment Center in New Jersey; Introduces International Shipping

SAN FRANCISCO, Sept. 17, 2014 /PRNewswire/ -- The RealReal, the leader in authenticated luxury consignment, announced today the opening of a 129,000 square-foot warehouse in Secaucus, New Jersey. The company moved its east coast processing and fulfillment operations from an over-capacity warehouse in midtown Manhattan to the newly leased warehouse in Secaucus. The state-of-the-art facility will support the tens of thousands of luxury goods The RealReal receives and processes on a monthly basis.

The New Jersey warehouse joins the San Francisco, Los Angeles, and New York City facilities bringing The RealReal's total warehouse space to over 225,000 sq. ft.The luxury resale site has experienced rapid growth since its launch in 2011, more than doubling in revenue this year and expecting that growth to continue into the new year and beyond.

"We were bursting at the seams of our Manhattan and San Francisco warehouses so the opening of our new Secaucus warehouse could not come at a better time for us operationally," said The RealReal CEO Julie Wainwright. "From an overall brand perspective, the new warehouse represents an exciting milestone of growth and expansion for our thriving business and allows us to support an even greater volume of authenticated luxury goods on a daily basis."

The RealReal has also introduced the capability to ship its authenticated luxury goods to customers internationally, expanding its footprint globally to 16 major countries in the Americas, Asia, Australia, and Europe. Click here for more details.

Anyone with luxury items to sell now has a trusted marketplace in The RealReal where they can resell their luxury items easily, quickly, and at top resale value.  The RealReal is changing the way people think about luxury shopping and consignment. Find out more at www.therealreal.com.

About The RealReal
The RealReal is the online leader in authenticated luxury consignment. We offer the largest marketplace of designer brands such as Chanel and Louis Vuitton, fine watches and jewelry, and fine art. The RealReal has won favor with luxury consignors and buyers as a next-generation consignment site by providing guaranteed authenticity of product and a superior consigning and shopping experience. A full-time staff of authenticators, horologists, licensed gemologists and art curators accept tens of thousands of new products into our warehouse each month. Consignors receive up to 70% of the sale price of their items, and buyers enjoy up to 90% off retail for our luxury goods. www.therealreal.com

Press Contact:
Natalie Seufferlein
[email protected]

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SOURCE The RealReal

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