Technology is playing a major role in the fundamental transformation in how companies and consumers interact with retail businesses and the U.S. real estate infrastructure that supports them, leading to unprecedented delivery speeds and a proliferation of fulfillment models.
The impact of e-commerce on Americans’ shopping habits and consumer expectations has significantly disrupted the logistics industry and is rippling through retailers’ supply chains.
The shopping habits of the American consumer demographics have shifted dramatically since the advent of e-commerce, thereby impacting how individuals interact with brick-and-mortar retail stores.
Longpoint Fund I is pleased to announce the acquisition of 60 E. Halsey Road, a 67,434 SF industrial building located in Parsippany, NJ.
Acquisitions
“Investors prefer assets anchored by grocers because they see them as less vulnerable to competition from e-commerce and a big traffic driver that benefits other tenants in their centers.”
News
The online grocery race continued to heat up last month as grocery retailer Meijer entered the micro-fulfillment arena.
Commentary
For thousands in the greater Cincinnati area, their weekly supermarket runs just became faster and more convenient. Read about the Kroger-Walgreens initiative and the unique partnerships between drugstores and traditional grocers.
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