Amazon Launches Big Grocery Delivery Expansion, Driving Supermarket Stocks Down
The company expects to bring same-day grocery delivery service to more than 2,300 U.S. cities by the end of 2025.
The company expects to bring same-day grocery delivery service to more than 2,300 U.S. cities by the end of 2025.
The online sales juggernaut hopes to combine fulfillment networks for its business and stores into a single delivery platform as it lags behind rivals.
Customers in Seattle and Philadelphia can get groceries delivered in less than an hour, and expansion to other cities could boost industrial demand.
Greystar and RCP Development have released renderings for the 220-unit rental project at 82 Eye Street and moved the delivery date up to 2016.
The 1.2M SF building will be delivered next January.
Originally scheduled for Q1 2017 delivery, the first renters will move in Sept 1.
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