MEMPHIS, Tenn. — Corderion Harris was arrested after officers said he was one of at least 15 people breaking into a rail yard on June 10 around 2 a.m. Police said at least 17 train cars were broken into and at least 30 boxes were removed. They also said that all of the boxes contained Nike Air Max shoes totaling up to over $150,000 of merchandise.
Source: ‘Y’all don’t give up do you:’ $150K+ of Nike products stolen from train
Click through to read a more detailed report. In April I shared this story:
Nike’s Container Train Gets Robbed Near North Memphis Distribution Center – ARCH-USA
For every team of boosters who get caught, another team is succeeding giving the Nike Loss Prevention Team headaches. Memphis is Nike’s defacto second home because of the proximity to Fed Ex’s hub and the logistics which have made Memphis the distribution center of the country. In previous articles I’ve explained that reselling has always been propped up by thefts of this nature. With the recent Zadehkicks scandal, what has been overlooked by many in social media discussing that Zadeh was running a Ponzi scheme, is that the loss prevention issues plaguing Memphis happen in every city where Nike has a brand door or distribution system. Those shoes enter the market at a fraction of the cost and sellers like Zadeh who built their businesses on wholesale are feeling the pressure as Nike has ramped up hiring of Grey Market Analysts and Loss Prevention team members. When you factor in the amount of theft and the clamping down on resale by Nike the Zadehkicks Scandal becomes less difficult to understand. I’ll drop an article on this later. Use the source link to read about this foiled attempt that happened last night.
