ECOMMERCE

Amazon steps up logistics footprint

BY Deena M. Amato-McCoy

The online retailer is expanding its presence in California.

Amazon has pre-leased an additional one million sq. ft. of logistics space from Goodman Commerce Center Eastvale, California, according to a statement by Goodman. Goodman will construct the logistics center for Amazon.

“Our e-commerce customers require modern, flexible design solutions that cater to their diverse operational needs,” said Anthony Rozic, CEO of Goodman North America. “Our success is based on our understanding of these needs and our track record of on-time delivery to enable the successful execution of our customers' growth strategies.”

The 205-acre mixed-use development, located directly off the Cantu-Galleano Ranch Road Exit on the I-15, will offer a variety of space options, including distribution, business park, retail and medical. Developing and managing e-commerce distribution centers is one of the key growth drivers of Goodman's business.

The online retailer is scheduled to take occupancy of the new logistics facility in 2018, Goodman said.

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DESIGN/CONSTRUCTION

Dick’s Sporting Goods does combo store

BY Marianne Wilson

Dick’s Sporting Goods is putting two of its formats under one roof in the Austin, Texas, market.

The retailer will open a Dick’s Sporting Goods and Field & Stream store on Friday, March 3 at The Parke in Cedar Park, Texas. It will be Dick’s 677th store and 29th Field & Stream store nationwide.

There are currently three other Dick’s Sporting Goods stores in Austin.

The new 90,000-sq.-ft. location is the eleventh of its kind in the country.

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FINANCE

Amazon reveals some Prime data

BY CSA STAFF

For the first time ever, Amazon has released data that details how much money its Prime membership program and other subscription services bring in.

Amazon disclosed in its latest annual filing that it brought in $6.4 billion from Amazon Prime and other subscription services, Bloomberg reported.

Net sales from Amazon Prime and other subscriptions are growing by more than 40% annually — and this comes a dozen years after Amazon launched the membership program, noted the report.

Click here to read more.

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