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Rolex Enters the Resale Market
Rolex is going to enter the second-hand watch market allowing customers to buy watches that have been checked for their working condition, certified as authentic by the brand (or qualified authorized dealers), and sold with a Rolex two-year international guarantee....
The Evolution of the Resale Industry
The resale market is still growing fast, and this evolution affects your business. A new survey reveals that purchases of pre-owned goods are expected to increase next year. Most survey responders (62 percent) said clothing is most likely to be purchased from the...
StockX Removes the “Verified Authentic” Tag After a Battle with Nike
The giant sneaker resale StockX has removed their claim of “Verified Authentic” on their site, now the sneaker’s descriptions only say new. Therefore, StockX is no longer guaranteeing their shoes are authentic. “Verified...
Get Ready to Grab Your Piece of the Holiday Shopping Pie
Some major retailers are announcing they’ll stay closed on Thanksgiving Day (Nov. 24 this year). And that’s the right move, according to a survey: 68% of U.S. shoppers said stores should be closed on Thanksgiving. Retailers will very much be offering Black Friday...
Kanye West’s Breakup with Adidas & Yeezy Shoes Spikes on the Resale Market
Adidas decided to cut ties with Kanye West & Yeezy however, since then there has been a lot of talking about the Yeezy resale market. Kanye West’s shoes are not going away as some people expect. Many stores worldwide are removing Yeezys from their stores and...
5 Reasons Why Inventory Management Tools Are Essential for Consignment Stores
Image retrieved from Pexels.com Consignment stores manage their inventory based on retail sales. Inventory counts and movement are essential to a consignment store's success. It is therefore important for consignment stores to track inventory, bill customers, and pay...