Nike Inc said on Monday it will start refurbishing sneakers - from Vapormaxes to Reacts - returned by shoppers and selling them at cheaper prices, a service offered increasingly by retailers to reduce consumer waste.
The Beaverton, Oregon-based company said it would clean up gently worn, like-new or slightly imperfect sneakers by hand and resell them "at a value for consumers" at certain Nike stores. To qualify for refurbishment, the sneakers need to be returned to Nike stores within 60 days of purchase.
"Up to fifteen US-based stores will carry Nike Refurbished footwear by the end of April 2021, with plans to integrate more of this product at additional US-based stores in the coming year," Nike said in a statement.
Nike is continuing to explore future expansion of the program to markets outside the United States.