BIG NEWS! Foot Locker invests $100 million in GOAT. The resell game is on a whole new level.…

Comments (7)
No. 1-3
IzzyRob
IzzyRob

I think this is a huge move for Foot Locker and will surely give them a competitive edge over StockX and other similar online resale sites. I wonder if this will give people the option to do transactions at a local Foot Locker, eliminating the online waiting period. If would have to be a safe environment, but this would cut down turn around time allowing buyers to get their shoes quicker and sellers to get their money quicker.

C Brown
C Brown

This is a move by FTL to transition more toward online....I think they see brick and mortar slowly having diminishing returns....the next 5 years will be interesting as traditional retail and online merchants looking to make the customer experience better start to bridge the gap between each other....Brick and mortar isnt dead...but the customer experience is and will be changing....Still interested to see what happens with Amazon and Whole Foods....but I would start thinking along those lines....

G-Roc
G-Roc

Editor

Wow! Flight Club & GOAT, Stadium Goods, and StockX really out here changing the resell game. It's the battle for the number 1 spot.

Remember when it used to be all about eBay?