As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
The RealReal Opens First Brick-and-Mortar Store
The online luxury consignment shop is embracing the omnichannel experience with its permanent New York City location.

New York--Luxury consignment e-commerce site The RealReal has opened its first brick-and-mortar retail store.
Located in New York City’s SoHo neighborhood at 80 Wooster Street, the 6,000-square-foot space will allow customers to interact directly with luxury goods experts, such as gemologists, horologists and authentication specialists, the company said in a press release.
“Expert workshops” will be held at the store twice daily, covering topics such as authentication, trends and styling.
The multi-level store also is focused on creating an experience.
The space features a 35-foot wall with 13 hidden closets full of women’s ready-to-wear, shoes and handbags. There is also a floor-to-ceiling wall of Hermes Birkin bags.
The lower level is catered to men with clothing, a wall of rare sneakers, a library and a lounge area.
The store’s outdoor space will be open in warm months for special events and to offer seating for the on-site café. There is also a Fox Fodder Farms flower shop within the store.
The RealReal said that product will be refreshed daily.
The company already has luxury consignment offices scattered across the country, and there is one on site at the new SoHo store, where customers can book private appointments or drop off jewelry, watches and handbags to be appraised for free. Services like repairs, clothing alterations and authentication are also available.
CEO and founder Julie Wainwright commented, “After much success from The RealReal’s pop-up shop in New York last holiday season, we’re ready to expand our e-commerce business to a permanent brick-and-mortar space as another touchpoint for our customers and consignors.
“We not only created a concept store that represents The RealReal with the best product, but we created a next-level customer experience for buyers and consignors that leverages the speed of e-commerce with the brand experience of brick-and-mortar.”
The RealReal’s first permanent retail store is now open. More information can be found on the company’s website.
The Latest

The trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.

January’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

The annual report highlights how it supported communities in areas where natural diamonds are mined, crafted, and sold.


Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.

Linda Coutu is rejoining the precious metals provider as its director of sales.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The governing board welcomed two new members, Claire Scragg and Susan Eisen.

Sparkle with festive diamond jewelry as we celebrate the beginning of 2026.

The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

Shekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.






















