Trademagazin > News and articles > Company and Personal News > Amazon distribution centers can be a number of commercial real estates
Amazon distribution centers can be a number of commercial real estates
Yahoo Finance reported an interesting, though by no means surprising, decision in the US retail market – portfolio.hu wrote. One of the major plaza owners and operators in the US, Simon Property Group, has begun negotiations with Amazon to convert some of its properties into Amazon distribution centers. Thus, market participants have already started to respond to the changed demand.
Amazon and Simon Property It would transform the retail space used by J.C. Penney and Sears Holdings into Amazon distribution centers. Some assume that negotiations have been going on for months, although it is possible that the two sides will eventually not be able to reach an agreement. (portfolio.hu)
Related news
AliExpress launches fulfillment in Europe
Chinese online marketplace AliExpress is launching Local+, a fulfillment solution…
Read more >Amazon’s Corporate Workforce May Shrink As AI Takes Over Routine Tasks
Rollout of generative AI and agents will reduce Amazon‘s total corporate…
Read more >Co-op signs Royal Mail parcel locker deal to boost in-store services
Co-op has become the first convenience retailer to partner with…
Read more >
More related news >
Related news
The “Pass it Back, Brother!” spring 2025 campaign has ended successfully!
This year marks the seventh year of the ‘Pass Back,…
Read more >Bacardi opens a new chapter in the history of MARTINI®
Bacardi, a family-owned spirits company, is building on the values…
Read more >Auchan recalls smoked, sliced bacon and foie gras
Auchan has recalled smoked, sliced bacon and foie gras due…
Read more >