The Modern Retail Podcast

‘Building a business that will last’: AptDeco’s Reham Fagiri on scaling economically


Listen Later

Furniture became a hot item in 2020, and resale platform AptDeco was ready for that demand.

The company’s sales grew more than 300% last year, and is trying to ride that wave through this year. According to co-founder and CEO Reham Fagiri, the company’s emphasis is now on expansion. AptDeco began in New York in 2014, and has been slowly growing ever since. Over the years, it added delivery to Northern New Jersey as well as Washington D.C. Now, more cities are being added. “We launched in Philadelphia earlier this year, and now -- literally two weeks ago -- just launched in the San Francisco Bay Area,” she said on the Modern Retail Podcast. “We’re seeing a lot of opportunity.”

Part of the reason for this growth is because AptDeco was able to capitalize on big consumer shifts. More people were stuck at home in 2020 and were buying nicer furniture. “We also saw people selling their products and looking to upgrade to more higher-end pieces,” she said.

While many furniture companies have had supply chain issues due to logistics bottlenecks, AptDeco owns its fulfillment network and was able to mitigate much of that thanks to its delivery network. “We are logistics,” said Fagiri. “The reason why we own [delivery] is because we want to make sure we control the experience.”

It’s these elements that have helped AptDeco grow. Now, with expansion on the horizon, the plan is to have it become more of a household name.

...more
View all episodesView all episodes
Download on the App Store

The Modern Retail PodcastBy Digiday

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

76 ratings


More shows like The Modern Retail Podcast

View all
Shopify Masters by Shopify

Shopify Masters

379 Listeners

The Digiday Podcast by Digiday

The Digiday Podcast

104 Listeners

Digiday Live by Digiday

Digiday Live

7 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,234 Listeners

The Glossy Podcast by Glossy

The Glossy Podcast

256 Listeners

The Business of Fashion Podcast by The Business of Fashion

The Business of Fashion Podcast

579 Listeners

9 to 5ish with theSkimm by theSkimm

9 to 5ish with theSkimm

1,872 Listeners

Second Life by Second Life

Second Life

2,854 Listeners

Career Contessa by Career Contessa

Career Contessa

476 Listeners

RETHINK RETAIL by RETHINK Retail

RETHINK RETAIL

51 Listeners

The CMO Podcast by vYve & Jim Stengel

The CMO Podcast

349 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

3,000 Listeners

The Hustle Daily Show by Hubspot Media

The Hustle Daily Show

235 Listeners

The Debrief by The Business of Fashion

The Debrief

44 Listeners

OPERATORS by OPERATORS

OPERATORS

48 Listeners

Fashion People by Audacy | Puck

Fashion People

227 Listeners

Everybody's Business by Bloomberg and iHeartPodcasts

Everybody's Business

92 Listeners