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Macy’s CEO Jeff Gennette (Getty)

Macy’s converts 1M sf to fulfillment space

Macy’s is converting 1 million square feet into fulfillment space as it gears up for holiday orders. The retailer...

Macy’s converts 1M sf to fulfillment space
(Photo Illustration by The Real Deal with Getty)

Black Friday store traffic jumps, but sales don’t

Black Friday proved to be a mixed shopping bag for retailers across the country. The traditional post-Thanksgiving consumer bonanza...

Black Friday store traffic jumps, but sales don’t
Prologis CEO Hamid Moghadam and Amazon CEO Andy Jassy (Getty, Prologis)

Warehouses are losing their heat

The gilded age of warehouses is starting to dull as the pandemic e-commerce boom fades and a recession creeps closer. Once-rabid demand for industrial real estate is cooling on the heels of nearly 150...

Warehouses are losing their heat
Jeff Bezos and the first Amazon Bookstore at 4601 26th Avenue NE, Seattle (Getty, iStock)

Amazon to close book on 68 brick-and-mortar stores

Amazon, which has done nothing but grow since its founding in 1994, will shutter all of its brick-and-mortar bookstores....

Amazon to close book on 68 brick-and-mortar stores
ROX Financial president Anthony Moro (Getty, iStock)

Single Amazon warehouse to file for IPO

Another Bay Area startup is planning to cash in by going public, but it’s not an e-commerce firm or a social network — it’s a warehouse an hour west of San Francisco. ROX Financial...

Single Amazon warehouse to file for IPO
Tesla’s Gigafactory (Tesla)
Weekend Edition

Over 340M sf of industrial space set for delivery in 2021

Everything is bigger in Texas so it’s no surprise the Dallas area is leading the way in industrial construction....

Over 340M sf of industrial space set for delivery in 2021
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