Bbg: $AMZN Closing Warehouses

Maybe $SHOP should look into buying some of these closed warehouse?

Bloomberg headline: Amazon Closes, Abandons Plans for Dozens of US Warehouses

:pushpin: Maryland facilities with 300-plus workers to close in October

:pushpin: Pullback is striking contrast to prior autumn hiring binges Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm.

MWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates the company has either shuttered or killed plans to open 42 facilities totaling almost 25 million square feet of usable space. The company has delayed opening an additional 21 locations, totaling nearly 28 million square feet, according to MWPVL. The e-commerce giant also has canceled a handful of European projects, mostly in Spain, the firm said.

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