*By Christian Smith*
Poshmark is changing the way users search for fashion on its app, unveiling a new "Posh Markets" layout this week. The new system, Founder and CEO Manish Chandra explained on Cheddar Tuesday, creates unique sub-communities for shoppers. The goal, he said, is to optimize the social marketplace's search tools. The vast world of online retail, he added, can be impersonal, something he hopes to change.
"\[Our millions of sellers\] make it somewhat hard to honor and respect each community and each shopping experience," he said.
Since its founding in 2011, Poshmark has grown to feature over four million sellers, or as the company calls them, "shopper stylists." Chandra told Cheddar that at any given moment, there are over 75 million items for sale on the app. Moreover, Poshmark's top seller recently passed a million dollars on in-app sales.
Posh Markets will feature six categories ー women's, men's, kids', boutiques, plus-size, and luxury ー but Chandra believes that number will grow.
"In terms of the total market opportunities ahead of usーit's totally massive," Manish said.
For more on this, [click here](https://cheddar.com/videos/poshmark-launches-new-way-to-shop-on-platform).
Swingers mini golf co-founder and co-CEO Matt Grech-Smith explains the appeal of putt-putt for adults and the company's expansion to Las Vegas.
From moving finances online to the new ways we'll be getting cash, Ray Hatch, the Vice President of Enterprise Solutions Vertical Markets at Comcast Business explains how the banking industry is getting ready for the future.
Swingers mini golf chain co-founder and co-CEO Matt Grech-Smith explains how his company is finding success by creating a more adult version of a longtime family favorite.
Shopping expert Trae Bodge shares tips for saving money while back-to-school shopping for college students.
The managers of the Panama Canal said they expect income from the waterway to drop after authorities were forced to limit the number of ships passing through each to 32 due to a lack of rainfall.
Nissan is recalling more than 236,000 small cars in the U.S. because the tie rods in front suspension can bend and break, possibly causing drivers to lose steering control.
Canadian Prime Minister Justin Trudeau accused Facebook on Monday of putting profits over people’s safety during the emergencies created by Canada’s record wildfire season.
Neil Wertheimer, deputy editor for the AARP Bulletin and The Magazine, talks about some of the highlights from this year's list of 99 Great Ways to Save.
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one: The Mitsubishi Mirage.
Inflation is easing, but prices for the items you need are still high. Marty Cantor explains that while relief will eventually arrive, he says we should brace ourselves for things to get worse before they get better.
