Amazon has been on a torrid pace of leasing and acquiring millions of square feet of fulfillment centers and warehouses across the country this year. And demand is there. The company, which reported $88.9 billion in second quarter sales Thursday, said it would increase its fulfillment center square footage by 50 percent in 2020. That’s on top of the 15 percent increase it reported in 2019. The Jeff Bezos-led behemoth benefited from an April through
source https://therealdeal.com/2020/07/31/headwind-to-profitability-amazon-doubles-down-on-fulfillment-centers/
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