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[…]

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[…]