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Warehouses will be a tough find through 2023
The industrial real estate market will likely see low vacancies and high rents for at least another two years, according to a report from commercial real estate services firm JLL Inc.
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Macy's planning 1.4 million-square-feet facility with automated direct-to-consumer technology
The 1.4 million-square-foot facility, with automated direct-to-consumer fulfillment capacity, will employ nearly 2,800 workers when fully operational. Macy’s, Inc. will invest approximately $584 million in this project.
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Amazon delivery drone crash sparked acres-wide fire in Oregon: FAA
Amazon’s drone delivery program is again under the scanner with a new Business Insider report highlighting how an experimental Prime Air drone set several acres of a wheat farm ablaze when it crashed in eastern Oregon during a test flight last summer.
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In the largest speculative build in Metro Vancouver’s history, Amazon leases entire last building
Seattle-based retail giant Amazon has leased the sixth and final building in Burnaby B.C.’s new Riverbend Industrial Park, Canada’s first multi-storey industrial build, which was developed on speculation by Oxford Properties Group of Toronto.
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New Balance grows 'Made-in-America' ethos
While many retailers are struggling to preserve relationships with overseas vendors and manufacturers, against pandemic uncertainty and shaky foreign relations, one is doubling down on its presence in North America.
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Walmart putting millions into automation at Wisconsin DC
Tucked behind a large plastic curtain at its Menomonie distribution center is new machinery Walmart will switch on later this year to bring a higher level of automation to how products go through the building and out to stores.
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Williams-Sonoma planning 1.25-million-square-foot facility in Arizona
Williams-Sonoma Inc. has leased a 1.25-million-square-foot facility in Glendale, the Arizona Commerce Authority and the City of Glendale announced.
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World's largest industrial distributor, Würth, planning automated warehouse in Virginia
Würth Revcar Fasteners, a Würth Industry North America company, revealed this week that it has fully leased the building at 1 Avery Row in Roanoke, Virginia.
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Sobeys kicks off Ocado automated warehouse in Quebec
Sobeys Inc. parent Empire Company Ltd. is ramping up online grocery delivery operations in Quebec with the launch of the new Voilà par IGA service.
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Walmart planning new automated technology for upcoming Alberta fulfillment center
A sizable investment is being made within Walmart Canada’s operations. The retailer has revealed plans to build a new, high-tech sortable fulfillment center, announcing an investment of $118 million in the Alberta, Canada, region.
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Amazon's 107 feet high, 3 MM SF., first-mile operation in Niagara County is no longer code named "Project Fifi"
The five-story, 3-million-square-foot building proposed for a cornfield in the Town of Niagara is no longer code named "Project Fifi."
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Chicago curb-side only online grocer Fresh Street makes debut
In the wake of a flood of ultra-fast grocery delivery startups, fledgling online grocer Fresh Street is taking a different approach: pickup-only.
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US rapid grocery delivery space consolidates further
The consolidation that experts have predicted would eventually whip through the ultrafast delivery space is now underway in the U.S.
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Instant Grocery Delivery App Buyk Files for Bankruptcy After Russian Sanctions
Buyk, which launched in New York just last year, listed assets and liabilities of as much as $10 million each in its bankruptcy petition, filed Thursday. The company has ceased operations and plans to sell off remaining its remaining inventory, according to a statement.
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Target looks to massive solar panels in a California parking lot as a green model to power its stores
Target has rolled out one of the most visible displays of its efforts to become a greener company: Massive carports topped with solar panels that will power a big-box store in California.
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Nearly 60% of all online retail purchases in the U.S. were done on Amazon last year
Nearly 60% of all online retail purchases in the U.S. were done on Amazon last year, new PYMNTS data show, reflecting the company’s tightening grip on eCommerce sales and a continuation of the stair step market share advance it has made over the past twenty years.
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Walmart expanding Baytown supply chain campus to 5 million square feet
Walmart has been focused on strengthening its supply-chain network. To this end, the omnichannel retailer unveiled plans to expand its supply-chain campus in Baytown, TX through a new distribution center spanning more than 1,000,000 square feet. This will mark the company’s fourth facility in Baytown, TX, which is slated to open in Fall 2022
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Buyk officially ceases operations as the invasion of Ukraine takes its toll on Russian-funded ultrafast startups.
A whirlwind week in the rapid-delivery space has ended with two startups collapsing. Both Fridge No More and Buyk have ceased operations citing financing issues brought on by the Ukrainian-Russian conflicts.
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Oregon Liquor Commission moving into 'state-of-the-art' $146M distribution center
The Oregon Liquor and Cannabis Commission will move its headquarters from Portland to Canby when it builds a massive new warehouse there to store and move more alcohol.