Investor interest in building and acquiring warehouses in the age of Amazon.com Inc. is overheating, and there might be more distribution centers created than there will be tenants to fill them, billionaire Sam Zell said.
The rapid expansion of discounters Aldi and Lidl — whose share of the grocery market has rocketed from less than 4 percent a decade ago to nearly 13 percent today — has hit all traditional supermarkets. But the industry’s biggest fear is Amazon.
Sainsbury's $10bn (7.27 billion pounds) purchase of Walmart's Asda may pressure U.K. grocery prices and make the British market less attractive for newer players such as Amazon.com.
For Prologis Inc., the world's largest warehouse owner, the biggest challenge to growth has been acquiring land in the markets most important to its e-commerce tenants. The solution: Buy a rival.
The big Japanese akita dog is stopped in his tracks by the box on wheels, unsure whether it is an equal to be greeted or another south London surface to be marked. His owner, hot on his heels, is just as surprised when he rounds the corner.
Amazon.com Inc’s 20-percent hike in the cost of Prime membership should deliver more than $1bn in extra revenue this year and cover any “rational” hike in United States Postal Service delivery fees, Wall Street analysts said on Friday.