Jacksonville ranks #1 for large cities

Axios recently published an article ranking the top 5 Counties for attracting job talent based on population. Duval County, Florida (Jacksonville) ranked number 1! The article notes that Jacksonville’s job growth has been bolstered by the introduction of Amazon and Wayfair distribution centers. Read the full article here! 

Amazon’s New Packing Robots to Replace Workers

Amazon is introducing packing robots in some of its facilities that will replace human employees, according to a report from Reuters, citing two unnamed sources. The “CartonWrap” system from Italian firm CMC can reportedly pack 600-700 packages per hour — four to five times the average rate of human packers. The robotic packing system would[…]

Walmart Blows Amazon Out of The Water with Its Own Free, Next-Day Delivery

Walmart is undercutting Amazon’s newest Prime-member perk and launching free, next-day shipping on hundreds of thousands of products. Walmart’s next-day service, which applies to orders costing at least $35, is rolling out Tuesday in Phoenix and Las Vegas, Walmart said. It will be available to 75% of US shoppers by the end of the year[…]

Amazon’s Promising Freight Service Has a Truckload of Rivals

As Amazon.com Inc targets traditional brokerages that match shippers with truckers, it’s also battling a bevy of startups – including Uber Freight and a company funded by the eCommerce giant’s founder Jeff Bezos. The world’s biggest retailer made a splash in truck brokerage circles after Freight Waves reported on Friday that Amazon’s service, launched in[…]

Prime Day Promises to Bring Pain – But Also Opportunity – to Grocers

Amazon Prime Day sales are expected to grow at least 40% this year to $3.4 billion globally, according to Coresight Research. The day-and-a-half sales event includes discounts on hundreds of products, and for the first time will include offers at Whole Foods. For supermarkets, the worry is that not only will deals divert traffic away[…]

Amazon Is Looking for Larger Whole Foods Stores to Support Delivery Plans

From Bloomberg News: Less than a year after closing its acquisition of Whole Foods, Amazon.com Inc. is looking for fresh ways to expand its brick-and-mortar retail network while bolstering the online shopping business. The world’s largest online retailer is searching for bigger Whole Foods locations in cities that can serve as both grocery stores and urban distribution[…]

Whole Food’s Brand, Amazon’s Most Powerful New Weapon

Amazon saw an overall grocery sales bump when it integrated Whole Food’s brand in 2017.  Whole Food’s 365 Everyday Value brand is now the number two best-selling private label brand on Amazon, just behind AmazonBasics. The food brand raked in $11 million in the few months it was available in 2017 on the website. This[…]

A Few Interesting Articles

Here are a few articles we found interesting, we thought you might too! How did Amazon do Over Thanksgiving?  Digital Commerce 360 / December 4 How Renewal Energy Beat out Coal  Wall Street Journal / November 30 Higher Energy Costs Coming to Logistics  Logistics Management / December 5 US Importers Shift to Independent Carriers  JOC[…]

Exploding online sales and a three-in-10 return rate mean industrial real estate finally feeling the love

Amazon’s purchase of Whole Foods is expected to add to the pressure for warehouse and distribution space Bananas are the Holy Grail of online delivery, the one thing that’s almost impossible to perfectly ship to someone’s doorstep after being ordered. “They are so finicky,” said Ben Conwell, a Seattle-based senior managing director at real estate[…]

What Does Amazon, Whole Foods Deal Mean for Retail CRE Sector?

Amazon’s blockbuster acquisition of Whole Foods sent shockwaves through the stock market, as well as the retail industry last week. While the proposed $13.7-billion deal is eye-popping, expansion by acquisition is hardly new, though the implications for those in the retail CRE sector are complex and will take time to better understand. A CRE industry[…]