Amazon overstocked on warehouses. Any closings planned at Delaware sites?
https://www.delawareonline.com/story...e/69522397007/
Quote:
After expanding its warehouse network as online sales surged during the pandemic, Amazon has delayed or canceled the launch of over a dozen warehouses across the country, a company spokesperson confirmed for USA Today.
The freight industry trade publication FreightWaves reported that Amazon had canceled or delayed plans for opening at least 16 warehouse facilities in 12 states this year, and the company confirmed those numbers for USA Today.
"In total, Amazon has canceled, closed, delayed or put on hold more than 40 centers across the country, according to supply chain consultancy MWPVL International," FreightWaves reports.
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I remember a while ago when Amazon was opening all of these warehouses up I thought to myself, what will happen when they pull back operations or the company failed.
Would we see the same thing we saw in the 60's-00's with manufacturing jobs leaving communities again leaving the area just as depressed as it was before?
Now instead of old decrepit warehouses we will have new empty warehouses, definitely helping our communities, and people that rely on jobs right?
We already have one example of a warehouse pull out in SW Philly which is insane. I guess the argument could be made that since the warehouse is brand new it can be filled with anyone willing to do so, however why would we even allow the land to be wasted on that in the first place. when it could have been so much more.
I digress though, what do you guys think of this Amazon debacle which I knew was gonna happen sooner or later.