Perhaps Amazon’s run of furiously adding what seemed like an endless amount of warehouse space has plateaued. In the face of declining online shopping, the e-commerce king has canceled, closed or delayed the opening of 49 delivery processing facilities in the United States, according to reports … [Read more...] about 8.8.22: AMAZON NIXES OR DELAYS OPENING ALMOST 50 WAREHOUSES
The teardown of Euclid Square Mall in Euclid, Ohio, at the center of a roughly 70-acre site, began a new chapter for this failed mall. The dead mall will be replaced by an Amazon fulfillment center, scheduled to open in summer 2019. Amazon paid more than $7 million for Euclid Square Mall and the … [Read more...] about 5.10.19: How Is Amazon a Solution for Failed Malls?
Citing opposition from some political leaders, Amazon has withdrawn its plans to bring its second headquarters to Long Island City, Queens. Investors who made real estate commitments based on the anticipation of Amazon’s investment in Queens are in for a big disappointment. One disappointed … [Read more...] about 2.6.19: Amazon Changes Course – So What About One Court Square?