CBRE Senior Vice Presidents Tom O’Loughlin and Larry Genet represented the buyer in the purchase of a ±58,250 square foot showroom/office/warehouse located at 777 Congress Avenue in Delray Beach.
Amazon‘s standard of two-day shipping set off an arms race among major retail supply chains, and it might be starting all over again.
The e-commerce behemoth will be spending $800M this year alone to bring its standard free shipping time for Amazon Prime members down from two days to one, Retail Dive reports. One-day shipping is already available to members in certain high-density areas in North America, but Amazon seeks to make it the company’s global standard as soon as possible, Chief Financial Officer Brian Olsavsky told analysts in a Thursday conference call.