Starting To See Some Companies Pull Away From The Competition -- August 3, 2022

I'm starting to get a handful of companies that seem to be pulling away from the competition -- has anyone heard Amazon complain about supply chain shortages? I haven't. 

In the military, "whining" was not acceptable. 

Yesterday Amazon announced an expansion of their delivery options to include shopping malls in select cities across the country. 

Today, we're getting an update on Amazon's plans for mega-fulfillment centers. Link here. 

The e-commerce giant recently won local approval to build a five-story, 3.1 million-square-foot distribution center in western New York, and has even bigger sites in the works in Southern California and Colorado as it bolsters a network aimed at getting more goods faster to more Americans.

The projects signal that the sprawling warehouses that anchor Amazon’s U.S. logistics network still have a place in the company’s strategy following its announcement in May that it was slowing the build-out of its logistics network and planned to sublease some existing space following its slowest quarterly revenue growth in about two decades.

The approval of a $550 million warehouse last week by a planning board in the Town of Niagara, N.Y., makes the site one of the first new Amazon distribution projects to move forward since the company said it was rethinking its logistics network.

The facility will be what Amazon calls a sortable fulfillment center, considered a “first mile” facility, where goods are transported in bulk to middle-mile and last-mile locations for final deliveries to customers. Employees at those warehouses work alongside robots to pick, pack and shop customer orders for items like books, toys and housewares.

The company is also pressing ahead with a 4.1 million-square-foot, five-story facility under construction in Ontario, Calif., and a 3.9 million-square-foot, five-story project in Loveland, Colo. Both of those would be among the company’s largest warehouses ever.

This is simply incredible. 

Meanwhile, Walmart is laying off / firing white-collar workers at "corporate" after the disastrous inventory snafus.  

This might be a great time for folks to binge watch "Suits" now streaming "everywhere.

Among legacy automakers, is Ford pulling away from the rest of the pack? There are indications. 

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