Retail converting to warehouse

Warehouse Demand Increases as Ecommerce Surges

By: Dan Smolensky, Supply Chain Solutions Group Retailers will need an additional one billion square feet of industrial real estate by 2025 as the need for warehouse space grows along with online sales.  The coronavirus pandemic has sped up the pace of online activity with retailers now at levels they didn’t expect to reach for another two to five years. Consumers are becoming increasingly comfortable about shopping online as they avoid stores.  The search for fulfillment center space has also led to [...]