Back in May, PYMNTS reported that Foot Locker was planning to utilize concept stores as experimental venues for exploring localization efforts aimed at establishing stronger customer connections. Today, StockX, the resale marketplace renowned for its substantial online sales of sneakers, apparel and collectibles, is taking...
Sneaker rental platform Kyx World learned a hard lesson in January. Demand for its shoes dropped, and it had to abruptly cease operations just a month after securing a round of seed funding, Sole Retriever reported at the time. Maybe sneaker rentals weren’t the way to go. The company...
Recalling then-candidate Joe Biden’s 2019 advice that out-of-work coal miners should learn to code, now-unemployed coders may want to check job listings for “Luxury Procurement Specialist” or “Handbag Authenticator” as the resale sector widens its crackdown on knockoffs. A quick web search finds job openings...
Today in retail, the footwear sector is getting increasingly contentious, while ACI Worldwide teams up with NORBr on eCommerce payment tools. Plus, Dillard’s avoids the limelight and focuses on running a profitable business, and Amazon announces Alexa upgrades as its stock tumbles to a two-year...
September 04, 2024
Walmart is reportedly teaming with sneaker seller StockX to bolster its online marketplace. The arrangement will offer shoppers access to pre-verified, coveted athletic shoes such as Nike’s Air Jordan sneakers and brands like New Balance and Asics, Bloomberg reported Wednesday (Sept. 4). Items will become available on Walmart’s website next week, with StockX verifying and […]
May 11, 2022
Nike is continuing its legal battle with StockX, a sneaker marketplace, alleging that the latter company sold fraudulent shoes, Bloomberg wrote Wednesday (May 11). While StockX promised it only sold...
February 04, 2022
Athletic apparel and equipment maker Nike on Thursday (Feb. 3) sued Detroit-based online sneaker and handbag reseller StockX in New York federal court for selling unauthorized images of Nike shoes,...
April 08, 2021
StockX, the eCommerce marketplace for products such as sneakers and streetwear, has wrapped up financing that left the company with a $3.8 billion valuation, according to a Thursday (April 8)...