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George Partington

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Will Online Retail Transform Grocery Shopping?

Posted by George Partington on Jun 18, 2019 12:23:07 PM

The online shopping revolution, pioneered by Amazon, could not happen without an extensive warehouse infrastructure. And as digital shopping grows, so too will the need for warehouse space. In early June, investment management group Blackstone Group LP provided a clear signal that growth is expected to continue strongly in this space. The company purchased 179 million square feet of urban logistics properties for $18.7 billion.

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Topics: Internet of Things, eCommerce, Automation, IoT

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