https://www.google.com/amp/s/www.cnbc.com/amp/2022/09/14/map-of-amazon-warehouse-closures.html

Either popping smoke all together or delaying several from opening.


This is bad.

Quote:

---

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"src": "launcher-icon-0-75x.png",
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"sizes": "48x48",
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"sizes": "72x72",
"type": "image/png"
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"sizes": "96x96",
"type": "image/png"
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"sizes": "144x144",
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"sizes": "192x192",
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{
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"id": "com.cnbc.client"
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"display": "standalone"
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---

very bad!

Clob94 said:

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This is bad.

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I'm not so sure.

torrid said:

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Clob94 said:

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This is bad.

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I'm not so sure.

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Esssplain

Clob94 said:

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torrid said:

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Clob94 said:

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This is bad.

---

I'm not so sure.

---

Esssplain

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Anything that slays the beast.

learn to code

https://www.cnbc.com/2022/09/14/map-of-amazon-warehouse-closures.html

Texas sites included in list:

Quote:

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Peñitas, TX
Fullfillment center canceled. No reason given.

Round Rock, TX
Fullfillment center canceled. Project on hold indefinitely. Acquired land will likely be sold off.

San Antonio, TX
Fullfillment center delayed to Q4 2023.

---

https://www.cnbc.com/2022/09/14/map-of-amazon-warehouse-closures.html

Clob94 said:

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https://www.google.com/amp/s/www.cnbc.com/amp/2022/09/14/map-of-amazon-warehouse-closures.html

Either popping smoke all together or delaying several from opening.


This is bad.

---

Where have you been. Been real estate headlines for a month or so

"Rip Chord" in title.

Came here looking to rock out.

0 of 5 stars

Effort 1: point all* American logistics to Amazon, destroying historical supply chains in process

Effort 2: remove logistics capability from Amazon

Effort 3: be well enough insulated from the fallout to profit

*not all, most

They way overbuilt. They took down something like 40% of all warehouse space built last year. It's a sign of bad real estate planning more than anything else.

Round Rock already has a HUGE set of buildings, why would they need more there?

SA has several centers, and is done with (what I assume is the one on hold) the one on 35/Weidner area on NE side.

Demand.

Is it demand, or is 1-2 day shipping good enough? Seems to be diminishing returns if trying to deliver everything within hours… what's next? 4 minute abs?

Union busting?

population shift?

And Fedex stock is way down, off about 25 or 30 percent in a month.

People aren't buying/shipping as much stuff as they were/were expected to. Big surprise, as folks deal with 4 figure monthly energy costs, and 15 percent inflation.

Yup and when the forecasts reduce, stock prices reduce, people get laid off, then the fed drops the rates to kickstart it again. Here's the problem, every iteration the high end rates get lower and the periodic function gets more frequent. How much longer can this system work like this until absolute disaster causing lost decade type scenarios? Shutting down economies due to Covid was completely unacceptable and idiotic. This didn't help as it threw the supply chain into chaos. We are also finally catching up to hashtag narratives about climate change. Climate change is a phantom issue that doesn't exist yet energy policies have shifted to 'solve' this phantom.

Good luck folks.

We are buying less from Amazon simply because their **** is crap now. They moved away from name brands and are pumping their Chinese made crap over quality items.

This is just the latest list .

There is a facility off of Highway 59 and the grand Parkway that is being put off for at least a couple years as well. But we've known that for a while.

Rising construction costs + long lead times for any project materials + plus cool off in online shopping = what we see today. Walmart is doing the same thing and we heard about it 4-5 months ago. Figure them and Amazon have better economists than the US government.

There is a new 634.000 square foot Amazon warehouse in Alcoa, TN (Knoxville suburb) that was supposed to open in May of this year. This past March, they announced it won't open until June 2023.