Amazon is Adding 1 Million Square Feet of Warehouse Space A Week

Amazon is Adding 1 Million Square Feet of Warehouse Space A Week

The news talks about Amazon expand their warehouses (and other facilities) across 382 metropolitan areas in US and how the supply chain may impact local development.

Key findings

Adding 1 million new sq. ft. of warehouse space per week could triple their footprint in just a few years.

It plans to reach all 382 metropolitan areas with populations over 50,000.

As of 2017, the stock is up 33.7% in that year.

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