Despite ongoing fears regarding e-commerce contributing to the demise of brick-and-mortar stores, it is clear that doomsday predictions have underestimated the consumer demand for visiting physical stores.
In a move seen as a challenge to Amazon’s expanding physical footprint, JD.com has opened its first stores in Europe, opening two robotic “pick-up” stores in the Netherlands — with more to come.
Aaron Wu has taken over as head of acquisitions at DLC Management which, with some 70 centers from Maine to Florida and west to Texas, is one of the nation’s biggest owners of outdoor centers.