How Disruptive Could a Nike-owned Resale Platform Be?

Last month, we learned Nike is accusing StockX of knowingly selling fake Jordans. Originating earlier this year, the now-amended lawsuit was initiated, with Nike suing the marketplace over their release of an NFT series of Nike shoes, alleging the “stock market of things” is using the company’s trademark without authorization or approval. As the suit progresses, conspiracy theorists of the sneaker world have engaged in some far-fetched reasoning as to why the sneaker brand has finally entered litigation with the resale marketplace. One of them is that Nike is quietly building the foundation for its own in-house aftermarket platform.

Walmart Launches Drive to Recruit UK Sellers to its US Online Marketplace

Walmart has begun a major push to bring U.K. exporters to its flagship U.S. Walmart Marketplace, a well-established online marketplace where a trusted community of third-party sellers serve a growing base of more than 120 million loyal U.S. shoppers each month. Sellers approved to join the marketplace will be offered the services of a dedicated onboarding team, as well as access to powerful tools and services to help them rapidly scale up across the Atlantic, including the opportunity to get their goods to U.S. customers within two days*.

Consumers Respond to Waves of Disruption

Consumers may have shown patience during the early days of the pandemic, as companies simplified supply chains, streamlined their product lines and cut customer service. But that patience seems to be wearing thin, according to our latest Global Consumer Insights Pulse Survey, which surveyed 9,069 consumers across 25 territories. The good news? For companies that can manage multiple disruptions concurrently, there may be an opportunity in this era of seemingly perpetual upheaval.

Amazon Prime Day Set for July 12-13, Will Spotlight Small Businesses

This year’s annual Amazon Prime Day event will officially take place July 12 and 13, but the online retailer is kicking of some members-only deals and events as early June 21. Additionally, there are rumors of a potential follow-up sales event this fall. Apparel will be the most shopped category on Amazon Prime Day 2022. The 48-hour sales bonanza will officially start at 3 a.m. EDT for Prime members in Austria, Australia, Belgium, Brazil, Canada, China, France, Germany, Italy, Japan, Luxembourg, Mexico, the Netherlands, Portugal, Singapore, Spain, the UK, the U.S., and for the first time ever in Poland and Sweden. Amazon is also planning Prime Day deal events for later this summer in India, Saudi Arabia and the U.A.E., as well as in Egypt for the first time.

Digital Agility Depends On A Platform Approach: Three Things To Consider

The top goal of any customer-facing digital transformation initiative comes down to the customer experience. That’s why an organization’s best bet is a platform approach to digital design—one that allows for customization and control for a seamless digital experience. The days of one-off apps to meet consumers’ needs are over. Evolving expectations and outside forces, like the pandemic, demand that organizations continuously connect with consumers in new ways. Consequently, the ability to quickly add, remove and update digital features and content on a single solution is paramount. For leaders, this also helps minimize “platform fatigue,” the weariness that leaders feel when platforms are foisted on them at every turn.

Stolen Goods Sold on Amazon, eBay and Facebook are Causing Havoc for Major Retailers

Over the past year, large-scale robberies have swept through stores like Louis Vuitton in San Francisco’s Union Square and a nearby Nordstrom, which was robbed by 80 people. Law enforcement and retailers have warned the public that this isn’t traditional shoplifting. Rather, what they’re seeing is theft organized by criminal networks. And there’s a reason it’s on the rise.“ What fuels this as an enterprise is the ease of reselling stolen merchandise on online marketplaces,” said Illinois Attorney General Kwame Raoul, who convened a national task force of state attorneys to make it easier to investigate across state lines. “It’s no longer the age where it’s done at flea markets or in the alley or in parking lots.”

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