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Warehousing: Page 288
Warehousing
Blackstone Buys $1.8 Billion Warehouse Portfolio
Blackstone Real Estate Income Trust has acquired the Canyon Industrial Portfolio for $1.8 billion.
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Ocean Ports & Carriers
Warehouse Project to Create 1,500 Jobs at Port of Tucson
Plans for the largest industrial warehouse are currently underway at the Port of Tucson.
Retail
No More Ear Piercing: Claire's Files for Chapter 11 Bankruptcy
The tween mall staple has become the latest victims of the retail apocalypse.
Warehousing
Game over: Toys R Us Goes Out of Business
Unable to get its finances in order, Toys R Us is closing its stores, ending 33,000 jobs.
E-Commerce Solutions
Warehouses Adapt to E-Commerce
With the sudden boom in online sales, demand for space is increasing and warehouses are changing the way they store goods.
Warehousing
Toys R Us May Liquidate All Stores
The retailer filed for chapter 11 protection in September as they tried to reorganize its heavy debt load.
Material Handling Equipment
Forklift Attachment Handles Steel Drums
Liftomatic Material Handling, Inc. introduces FTA drum handling units.
Software & Technology
Target Builds on E-Commerce Momentum
Target Corporation
The company reported a 29 percent jump in online sales and that it has started to offer free two-day shipping to customers who spend a minimum of $35.
Software & Technology
Zara to Utilize Robots to Speed Up Online Order Pickup
Zara will start using robots to retrieve items from the back of the house and speed up in-store pickup process.
Warehousing
John Rock Inc. Adds $2 million in Machinery at Pennsylvania Plant
John Rock Inc. has invested $2 million in new machinery for its pallet manufacturing plant arriving over the next 90 days.
Sourcing & Procurement
Ryder Appoints Fiore Chief Procurement Officer
Ryder System, Inc.
Fiore will be responsible for Ryder’s global procurement organization across all three Ryder business divisions.
Warehousing
Toys R Us to Close Another 200 Stores
Toys R Us will close another 200 stores on top of the 180 stores that they have already announced.
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