Today in Data: Luxury Brands Go to Blockchain

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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.

Today in Data

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