Today in Data, discount retailers are thriving because they make shopping fun, and Sneaker reseller StockX gets closer to going public amid a rise in reCommerce popularity. Plus, Louis Vuitton, Prada and Cartier embrace blockchain to authenticate their products.
Data
$40B: eBay’s market value
150,000+: Number of products listed on StockX platform
$1,100 to $6,000: Price range for Louis Vuitton bags
500: Number of new locations planned for Big Lots
30%; 26%; 26%: Share of Big Lots sales comprised of furniture, food and home goods, respectively