“Free returns have become a basic expectation in the e-commerce world. And with record breaking e-commerce sales come the avalanche of returns. According to Forbes, that cost will be around $550 billion to retailers in 2020. They also report that 17 billion items are returned each year worldwide. Next hurdle-storage. UPS expects to handle 1 million packages a day with returned merchandise, quickly filling up the warehouses that were just emptied. Stricter policies to help companies’ pocketbooks and storage space are expected with the assumption that this trend will continue each year.”  -Adam Abushagur

 

I N D U S T R I A L   N E W S

U.S. Consumption, Incomes Pick Up in Sign of Holiday Cheer

Bloomberg – December 20, 2019

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How E-Commerce Has Impacted Industrial Real Estate

ReBusiness – December 27, 2019

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Buoyed By E-Commerce, Holiday Retail Sales Grow 3.4% Over 2018

BISNOW – December 26, 2019

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T E X A S   N E W S

Will DFW Remain the HQ Top Dog in 2020?

GlobeSt – December 19, 2019

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Prime Beltway Parcel Will Become Southeast Houston Business Park

BISNOW – December 19, 2019

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Texas business leaders feel a bull year coming on

Dallas Business Journal – December 24, 2019

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Amazon may build massive distribution center outside Austin

Dallas Business Journal – December 24, 2019

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M I D W E S T   N E W S

Industrial property in Webster Groves sold to private investor

St. Louis Business Journal – December 26, 2019

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Workforce training program is wheels up at KCI

Kansas City Business Journal – December 24, 2019

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2019-12-31T16:49:05+00:00