Amazon, which doubled the size of its distribution network to more than 400M SF during the pandemic, has been busy this year culling excess warehouse space by subleasing up to 30M SF and delaying the opening of newly built warehouses for up to two years as the pace of e-commerce sales growth slowed.
Other major retailers who raced to build fulfillment centers in the past year to meet the demand for next-day delivery services also are busy making plans to deal with excess logistics capacity—by competing with Amazon for retail customers seeking 3PL services.
The list of retail chains opting to leverage their growing e-commerce logistics assets into national networks offering omnichannel fulfillment and distribution services to other retailers just got longer:
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